{"id":560864,"date":"2019-10-05T03:06:12","date_gmt":"2019-10-05T07:06:12","guid":{"rendered":"https:\/\/vrbbd.wpengine.com\/vrbbgreenbay\/great-tips-for-helping-you-find-a-buyer-for-your-business\/"},"modified":"2022-01-31T12:41:55","modified_gmt":"2022-01-31T17:41:55","slug":"great-tips-for-helping-you-find-a-buyer-for-your-business","status":"publish","type":"post","link":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/great-tips-for-helping-you-find-a-buyer-for-your-business\/","title":{"rendered":"Great Tips for Helping You Find a Buyer for Your Business"},"content":{"rendered":"<div><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"601\" src=\"https:\/\/deal-studio.com\/wp-content\/uploads\/2019\/10\/bigstock-Young-People-Work-In-Modern-Of-214656772.jpg\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" srcset=\"https:\/\/deal-studio.com\/wp-content\/uploads\/2019\/10\/bigstock-Young-People-Work-In-Modern-Of-214656772.jpg 900w, https:\/\/deal-studio.com\/wp-content\/uploads\/2019\/10\/bigstock-Young-People-Work-In-Modern-Of-214656772-300x200.jpg 300w, https:\/\/deal-studio.com\/wp-content\/uploads\/2019\/10\/bigstock-Young-People-Work-In-Modern-Of-214656772-768x513.jpg 768w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\"><\/p>\n<p><span style=\"font-weight: 400;\">No one keeps a business forever.\u00a0 At some point, you\u2019ll either want to sell your business or have to retire.\u00a0 When the time comes to sell, it is important to streamline the process, experience as little stress as possible and also receive top dollar.\u00a0 In Alejandro Cremades\u2019s recent Forbes magazine article, \u201c<\/span><a href=\"https:\/\/www.forbes.com\/sites\/alejandrocremades\/2019\/08\/05\/how-to-find-a-buyer-for-your-business\/#3f5a7af54be4\"><span style=\"font-weight: 400;\">How to Find a Buyer for Your Business<\/span><\/a><span style=\"font-weight: 400;\">,\u201d Cremades explores the most important steps business owners should take when looking to sell.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Like so many things in life, finding a buyer for your business is about preparation.\u00a0 As Cremades notes, you should think about selling your business on the day you found your company.\u00a0 Creating a business but having no exit strategy is simply not a good idea, and it\u2019s certainly not a safe strategy either.\u00a0 Instead you should \u201cbuild and plan to be acquired.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For Cremades, it is vital to decide in the beginning if your preferred exit strategy is to be acquired.\u00a0 If you know from the beginning that you wish to be acquired, then you should build your business accordingly from day one.\u00a0 That means it\u2019s essential to understand your market and know what prospective buyers would be looking for.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to the Leadership Development Program, Kauffman Fellows, acquirers buy businesses for a range of reasons including:\u00a0<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">Driving their own growth<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Expanding their market<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Accelerating time to market\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Consolidating the market<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Some of the more potentially interesting reasons that acquirers buy a business include to reinvent their own business and even to respond to a disruption.\u00a0 At the end of the day, there is no one monolithic reason why a given party decides to buy a business.\u00a0 But there are indeed some general factors that acquirers are known to commonly seek out.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, Cremades believes that for those serious about finding a buyer, it is critical to make connections.\u00a0 Or as Cremades states, \u201cstrategic acquisitions are about who you know, and who knows you.\u00a0 Start making those connections early.\u201d\u00a0 He also points out that buyers are not always who one expects in the beginning of the process.\u00a0 Keeping this fact in mind, it is important to stay open and always look to build solid relationships and keep those relationships up to date regarding your status.\u00a0 Getting your company acquired won\u2019t happen overnight.\u00a0 Instead, it is a process that can take years.\u00a0 Therefore, networking years in advance is a must.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Like many seasoned business professionals, Cremades realizes how important it is to work with a business broker.\u00a0 If you have failed to network properly over the years, then a broker is an amazingly valuable ally.\u00a0 They are about more than offering sage advice, as business brokers can also make potentially invaluable introductions and help you navigate every stage of the acquisition process.<\/span><\/p>\n<p><a href=\"https:\/\/deal-studio.com\/great-tips-for-helping-you-find-a-buyer-for-your-business\/\" target=\"_blank\" rel=\"noopener noreferrer\">Copyright: Business Brokerage Press, Inc.<\/a><\/p>\n<p><a href=\"https:\/\/www.bigstockphoto.com\/image-214656772\/stock-photo-young-people-work-in-modern-office\" target=\"_blank\" rel=\"noopener noreferrer\">4 PM production\/BigStock.com<\/a><\/p>\n<p>\u00a0<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>No one keeps a business forever.\u00a0 At some point, you\u2019ll either want to sell your business or have to retire.\u00a0 When the time comes to sell, it is important to streamline the process, experience as little stress as possible and also receive top dollar.\u00a0 In Alejandro Cremades\u2019s recent Forbes magazine article, \u201cHow to Find a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":560866,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3,8,2],"tags":[],"class_list":["post-560864","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-seller-articles","category-seller-faq","category-selling-a-business"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/posts\/560864","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/comments?post=560864"}],"version-history":[{"count":0,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/posts\/560864\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/media\/560866"}],"wp:attachment":[{"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/media?parent=560864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/categories?post=560864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/tags?post=560864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}