Benefits of Sage
Benefits of Sage
There are many benefits of working with Sage, where efficient and effective business transactions take center stage.
Faster Negotiations:
Direct sales often result in quicker deal negotiations.
Lower Transaction Costs:
Avoiding broker fees may lead to potentially lower overall transaction costs.
Confidentiality:
Direct sales can offer greater confidentiality throughout the process.
Avoiding Risk of Depreciation:
Improperly listing your business on the market (which is unfortunately the case 80% of the time) can result in prolonged market exposure may lead to a depreciation of the business’s perceived value, affecting potential offers.
Personalized Relationship:
Establish a more personalized relationship with the investor.
Avoiding Risk of Depreciation:
Improperly listing your business on the market (which is unfortunately the case 80% of the time) can result in prolonged market exposure may lead to a depreciation of the business’s perceived value, affecting potential offers.
Personalized Relationship:
Establish a more personalized relationship with the investor.
Flexibility in Deal Structure:
Direct negotiations may provide more flexibility in structuring the deal.
Control Over Process:
Have more control over the negotiation and decision-making process.
Quick Closing:
Direct sales might lead to a faster closing of the deal.
Deeper Understanding:
Gain a deeper understanding of the investor’s strategic vision for the business.
Tailored Agreements:
Customize agreements based on mutual understanding and needs.
Reduced Information Leakage:
Minimize the risk of information leakage during the sale.
Streamlined Decision-Making:
Eliminate potential delays associated with third-party involvement.
Increased Negotiation Transparency:
Direct negotiations may contribute to increased transparency in the negotiation process.
Expedited Decision-Making:
Direct sales often result in expedited decision-making, minimizing delays.
Smooth Transition:
Foster a smoother transition post-sale by aligning with the investor’s goals.
What you do not have with Sage
Many business owners who look to sell their business reach out directly to their local business broker, simply because “who else?”
Unfortunately not all brokers can get the job done. In fact 80% of the time they don’t get it done, leaving business owners to sit with their businesses on the market for prolonged time periods hoping to get a sale, and wondering why there are no bites, often leaving them to go out of business simply because they couldn’t get a sale done.
The good news is that every business can sell. And there’s a price for any business. The thing to remember is that the market determines the value of your business. There’s a price for everything and as such every business will sell for the right price. Coming in with this approach can help you assure to get a deal done & pass on your legacy.
There are certainly good brokers out there who will do the legwork to get your business in front of the right people, at the right time, presented in the right way…
But that stats indicate that unfortunately far too many do not. Given the ability to leverage online exposure, business brokering has shifted from putting in the efforts of working on behalf of the seller to working to get as many more “listings” as possible.
Here are some common pitfalls that lead 80% – 85% of main street businesses to remain on the market for prolonged periods of time.
Commission-Driven Focus:
Brokers may prioritize their commission over the seller’s best interests.
Overstated Valuations:
Brokers might inflate business valuations to attract sellers, leading to unrealistic expectations.
Uninformed Optimism:
Sellers may be given overly optimistic projections without a comprehensive understanding of market realities.
Lengthening Time on Market:
Brokers may drag out the process to maintain a listing, even if it’s not in the seller’s best interest.
Reach out to us at sage to see if we would be a good fit for you & your business in this next chapter of your life.