It’s entirely possible to sell a business the same way you sell a used family vehicle, you’ll benefit by using a broker when selling a business in Texas.
Selling a Business in Texas
59% of global executives surveyed plan to pursue acquisitions in 2019 – of these 48% plan to pursue targets outside of their own sector and the top investment destination is the United States. (Source: Ernst & Young Global Capital Barometer, October 2018).
Simply put, we are in a seller market.
When selling a business in Texas, or anywhere, you don’t just want any buyer, you want the very best buyer. With the market we’re now experiencing, many sellers are getting multiple offers, but some of those offer may not be right for you, and that’s where a broker comes into the picture.
Selling a Business in Texas with Elan Capital
The Texas marketplace for growing businesses has never been stronger. That’s why Elan discreetly markets your company to qualified buyers in and beyond your industry here in Texas, the U.S. and abroad. Our mission is to find you the right deal with the right buyer. And because that ideal buyer could be located anywhere in North America or overseas, we make sure your business wins the attention of potential buyers around the world. At Elan, we stay committed and continue working until our client receives the best fit and the best price for their company.
Keys to Selling a Business in Texas
Timing – The time to sell is when your business is good. If you see your business trending up over the net 6-18 months, it is the right time to sell. When the outlook for future sales is positive, buyers will focus on your company, eyeing a faster return on their investment.
Marketing – A good broker, Like Elan, will market your business (discretely) over multiple channels. Interested buyers are fully vetted and enter into confidentiality agreements to protect your identity in the marketplace.
Commitment – A motivated seller is attractive to qualified buyers. Deals are much more likely to get done when the seller is committed to the process and to the goal of finding and closing a transaction with the best buyer. Seller dedication to the process is critical.
Bidding – A confidential, controlled competitive biding process is the goal of a good broker, and when buyers actively compete, you win!
Selling a business in Texas? After all the blood, sweat and tears you put into your business, you owe it to yourself to give Elan Capital a call.
Toll Free: +1 888.615.1418