How Do You Get and Keep More?
Trying to Figure Out How to Get the Most from Your Business Investment?
Welcome to LA Business Pros, a company dedicated to helping business owners and buyers Get and Keep More when they buy or sell their businesses. Most business owners sell a business only once or twice in their lifetime, and for these people, the business sale is the single most important financial transaction they will ever have. Therefore, it is critical that they get it right the first time because they seldom get a second chance.
We have all heard the saying "practice makes perfect". Well there is no "perfect" in a business transaction. However, when you are selling a business, there are many ways to increase the value to maximize the sales price and minimize the frustration both to you and to prospective buyers. Does it make sense to have someone on your team that deals with business transactions on a daily basis? Do you think you could gain an advantage by understanding the key components that sophisticated buyers are seeking in today's marketplace? When your business is presented against others for sale in the marketplace, do you have a competitive advantage? Can you show a prospective buyer a compelling reason to buy your business instead of one of the others?
What if you are on the other side of the transaction? What if you are buying a business? Are you a first time buyer? Have you owned businesses in the past? How many businesses have you analyzed? Do you have a good understanding of how to value a business? Does this acquisition have synergistic or strategic value? What are the key components the business must have in order to satisfy your acquisition criteria? Do you have the time available to filter through the myriad of businesses for sale or to track down an acquisition that is not currently on the market? What do you bring to the table? What are your skill sets? Do you have a good understanding of how to do a proper due diligence on an acquisition?
As a business owner, you only have one chance to sell the business for the highest possible price. Once it is sold, the business is gone and you don't get a second chance to get a better price. As a business buyer, once the transaction closes your money is gone and the business is yours. Therefore, it is critical that you know precisely what you are buying before you part with your money.
Whether your are on the sell-side or the buy-side of a transaction, you will maximize the value of your business investment by surrounding yourself with a team of knowledgeable and experienced professionals to help you prepare, understand, identify and clarify your transaction objectives and post acquisition goals. Maximizing the Value of Your Business Investment!Â® That's what we do. Contact us today to discuss how we can maximize value for you!