Entrepreneurs work tirelessly, investing their blood, sweat, and tears into establishing a thriving enterprise that proudly serves its target audience. From product and service development, to unique value propositions and innovation, these entrepreneurs often invest years and significant resources in their companies.
For many business owners, the culmination of their achievements is marked with a sale of the business, placing it in the capable and caring hands of a new owner, and giving them a chance at a new life, career, or retirement.
However, selling a business can be a complex, nuanced, long, and stressful process. This quarter, Michigan’s most trusted business broker, Armen Nazarian Business Brokers discusses the ways in which it helps business buyers, sellers, and investors navigate this process with ease.
The Challenges of Running a Business While Trying to Sell
For business sellers, running the day-to-day operations while also trying to compile everything necessary to prepare their company for sale can be a daunting task. Not only that, energy, time, and resources spent on preparing business valuations, accounting records since inception, contracts, escrow, and more can all take attention away from keeping the company humming along.
According to Armen Nazarian Business Brokers, this is the most important time to focus on increasing the businesses’ value, but for many would-be sellers, time spent on finding and vetting buyers, and managing the sales process, can take away from that.
Committed to Helping Buyers and Sellers Buy and Sell Businesses in a Fair, Honest, and Professional Manner
Backed by decades of experience, the team at Armen Nazarian Business Brokers brings a wealth of knowledge to each deal, working closely with buyers, sellers, and investors to help all parties achieve a win-win deal.
With an extensive track record of successful business sales, the brokers’ team is adept at working with a broad range of industries and verticals, from restaurants and cafés, to physical therapy centers, dry cleaners, salons, and retail storefronts.
Taking a client-centric approach to business sales and acquisitions, the team focuses on helping each party reach their goals, handling every detail of the process
The Advantages of Working with an Experienced Business Broker
Expert Business Valuation
Proper valuation is a mission-critical aspect of buying and selling a business, with many buyers and sellers leaving money on the table. Valuations take into consideration micro and macro-economic conditions, cash flow analysis, P&L statements, inventory, customer base, industry, contract lengths, accounts receivable, history/time in business, comparable sales of similar business, and more. Business owners work hard to build their company from scratch and deserve a fair price for their efforts. Armen Nazarian Business Brokers ensures their company gets a fair and accurate valuation that reflects this.
By working with a talented broker, buyers and sellers gain access to their entire network of other buyers, sellers, and investors, all without sacrificing confidentiality. Business brokers understand how to properly market the sale of a company without that company’s customers, clients, or competitors being any the wiser.
Meticulous Buyer and Seller Vetting
This industry is wrought with marketing agencies and competitors eager to gain insider information about how a competitor is operating their company, who their vendors are, how much they pay for products/services, and more. At Armen Nazarian Business Brokers we maintain your confidentiality while meticulously vetting any buyer or seller in our network. We ensure genuine interest, financial ability, and require non-disclosure agreements when appropriate.
Work with a talented team of professional negotiators, each with a demonstrable track record of helping buyers and sellers get a better deal. From negotiating more favorable clauses, to helping clients get more for their money, the team at Armen Nazarian Business Brokers is committed to client success at every stage of the process.
Business sales and acquisition contracts can be complex and nuanced, with detailed legalese that may be difficult to understand. As experts in contract law with regard to business sales and acquisitions, Armen Nazarian Business Brokers makes sure their client’s best interests are always at the heart of every deal.
The ‘handoff’ with newly sold or acquired businesses is often one of the most challenging phases of the deal. It encompasses communication with staff and vendors, legal transfer of property titles (land, buildings, inventory, vehicles, and more), as well as onboarding the new owner into the day-to-day operations. Armen Nazarian Business Brokers helps clients navigate these hurdles in an efficient manner, having extensive experience with regards to the logistics of business transfers.
About Armen Nazarian Business Brokers
Since its inception, Armen Nazarian Business Brokers has earned a reputation for its commitment to business buyers and sellers, working tirelessly in the pursuit of helping its clients meet their objectives.
As one of Michigan’s most trusted business brokers, its team offers exceptional service, hands-on support, valuable guidance, and expertise in all stages of the sales or acquisition process.
Those interested in learning more about the brokerage, or in scheduling a consult, are encouraged to reach out via the official website, or by calling 248-231-7714.
Company Name: Armen Nazarian Business Brokers
Contact Person: Armen Nazarian
Email: Send Email
Address:29600 Northwestern Hwy., #106
Country: United States