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Frequently Asked Questions

When is the best time to sell my business?

The best time to sell a business is when it is doing well. Waiting to sell a business after it has peaked will affect the selling price in a negative way. However, even if a business is not doing very well, it still can be sold if the sale is handled professionally and priced correctly.

How much is my business worth?

A company's value depends on many factors such as revenue, cash flow, condition and value of assets, financial history, favorable lease terms, location, current condition of the economy, and demand for that specific industry. When a PBS professional analyzes your business and the industry that you are in, they can advise you on the proper pricing strategy for your business. For larger businesses, we recommend a third party business valuation company to evaluate the business. Buyers are more likely to pay the maximum sales price for businesses that have documented evidence that supports the asking price.

How can I, the seller assist in effectively selling my business?

Keep working as though you have not placed your business for sale. It is important to keep net profit up so that we can help maintain the maximum sales price. Also, it is very important that your financial documents are accurate and readily available upon request. If a buyer requires financing, their lending institution will require financial documentation from the seller. Delays in requested information will greatly affect the transaction in a negative way.

Why should I choose Power Business Solution to sell my business?

Rest assured that you have chosen a trained professional to handle one of the most important decisions of your life. Power Business Solution is a full-time business brokerage. We specialize in the sale of businesses only. All of our business professionals are full-time business agents and consultants, so you can be assured that we will devote our time to assisting you and your business. At PBS we will ensure confidentiality, experience, maximum exposure, negotiating power, advertising and marketing expertise, international and national co-brokering, pricing knowledge, and maximum results.