Sell My Business

 

 

Sell Your Business Tips, Hints & Techniques: Enter your name & e-mail address below and each week I'll send you tips, advice & ideas you can use right away to help sell your business faster and for more money.
Your Name:
Your Email:
 

 

Sell Your Business

Frequently Asked Questions

 

Are There Any Buyers In This Bad Economy ? Would I Be Better Off Waiting For The Economy To Improve Before I Sell?

I live outside the United States, can TheBizseller.com help me sell my business?

What information do you use to "pre-qualify" potential buyers?

Is it safe to use my credit card over the Internet? Can I mail you my payment?

 

Are There Any Buyers In This Bad Economy ? Would I Be Better Off Waiting For The Economy To Improve Before I Sell?

Year in and year out, the most common question I hear from business sellers is, "How do I know how much my business is worth?" Or "How can I determine the right price?"

But since last fall, the question I have been getting most often from sellers is some variation of, "Is now a good time to sell?"

Or more precisely, "Is there anyone out there who wants to buy ?"

Well, there are plenty of buyers out here - highly qualified and motivated buyers is most cases.

Due to layoffs the number of unemployed but highly qualified executives and mid-level managers has increased in recent months. For those former managers and employees it is nearly impossible to find a comparable job with comparable pay, especially for those in their 40's and 50's.

For many businesses in the $500,000 price range or less, where the owner manages the business day to day, these recently unemployed professionals are the perfect buyer.

**They have years of valuable business experience

**They usually have significant financial resources - meaning they can produce the down payment you are looking for and can qualify for financing a significant amount.

**There is the real possibility that they will have no choice but to create their own opportunities if there is no future in their previous industry.

** They are looking for a business that they can own and manage as a way of replacing there job.

As the economy has worsened more qualified buyers who fit this profile have been created and we are starting to see more demand for stable, profitable businesses.

Meanwhile, many owners who are ready to sell have been scared out of the market by the constant din of bad economic news. If you are one of those "ready to sell" business owners who has decide to put things on hold now may be the perfect time to get back into the market.

 

I live outside the United States, can TheBizSeller.com help me sell my business?

Absolutely. In fact Canada, Australia and the Caribbean are some of our stronger markets. (I will admit that Europe and South America are not that productive for us at this time).

Canadian and Caribbean businesses get a lot of response from both local buyers as well as Americans interested in doing business in these areas. And Australia is one of the most Internet savvy countries in the world - we have gotten significant traffic from Australia since Day 1.

If you live in one these locations your business will be profiled on a page dedicated especially to your country. See:

Canadian Businesses For Sale


Australian Businesses For Sale


Caribbean Businesses For Sale

 

What Information Do You Use to "Pre-Qualify" Potential Buyers?

 

You can't sell your business without qualified buyers. The purpose of the pre-qualification process is not for us to judge who is qualified to buy your business – only you can decide that. We screen based on how well the potential buyer's profile matches your stated requirements and is therefore a legitimate prospect for you to sell your business.

First we match geographically.

We ask each buyer within how many miles from their home their new business must be. The prospect who lives 100 miles from you (but wants to own a business within 10 miles of his home) may not think twice about calling you just to pick your brain and get a feel for the market. You'll never sell your business to this person. This is one time consuming scenario we can help you avoid.

Second, we match based on Type Of Business.

Our research shows that most business opportunity seekers do not have a definite idea of what kind of business the want to own. The restaurant owner who puts his phone number in a classified ad is sure to get calls from prospects that are still in the career exploration phase of their search. They may be curious about owning a restaurant – but they're also curious about many other types of businesses. It's hard to sell this type of prospect any business.

The chances are good that they'll never actually buy a restaurant until they decide that is the only business they want. Therefore, we make prospects pick one and only one business type.

Lastly, we match you with potential buyers based on your asking price and down payment requirements.

If your are requiring cash or a substantial down payment TheBizSeller.com will not refer buyers who do not have it. People with no credit or bad credit will not be referred. You can't sell your business to someone who doesn't have the money. These obvious mismatches will be weeded out to save you time.

All other prospects will be referred directly to you.

 

Is It Safe To Use My Credit Card Over The Internet? Can I Mail You My Payment?

The answer to both questions is YES. When you use TheBizSeller.com to help sell your business you can be secure in the fact that we have taken every precaution to make your transactions secure. TheBizSeller.com is built on a Gold Cart system that utilizes SSL (secure sockets Layer) and encryption procedures and interfaces with Authorize.Net to process credit card transactions. No human eye ever sees the credit card information. In fact, according to Susan Grant of Internet Fraud Watch, "Paying with a credit card is the safest way to shop. Federal law protects credit card users if they don't get the product or if unauthorized charges are made on their account".

If you would rather not enroll via the Internet, you can still use TheBizSeller.com to help you sell your business by enrolling through the mail. The address is:

TheBizSeller.com
1510 Eldridge Parkway
Suite 110-104
Houston, Texas 77077

Just print out the Confidential Business Seller's Registration form, fill it out completely and mail it with a check, money order or your credit card information. Include a check or money order for $39.95. We will post a profile of your business as soon as we receive it. 

You click here for the Confidential Seller Registration Form


 

For Complete Details On How TheBizSeller.com Can Help You
Sell Your Business:
Click Here

 

 

Return from "Sell Your Business" To TheBizSeller.com Home Page