What do buyers look for in a business?
If you’re considering selling your business, you may be wondering… What do buyers look for in a business? By making your business attractive to prospective buyers, you will likely achieve the optimum sale price and the entire business sale process will run more smoothly.
But before you can understand what buyers look for in a business, you must first understand your buyer.
There are many different types of buyers. For example:
Each of the above buyers focus on different things when looking for a business, and what one may be looking for may be slightly different to the other. Ultimately, by determining what type of buyers to target and to appeal to, you can then understand what may be attractive to them when it comes to preparing your business for sale.
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However, regardless of the buyer, several key areas are commonly top of the list when it comes to what buyers look for in a business. These include:
The team at Core Business Brokers will advertise your business on the appropriate channels and present qualified buyers to you, the business owner. If you’re thinking about selling your business and want to get a deeper understanding of the process and what buyers may be interested in your business – get in touch with us today!
Our experienced team will be happy to answer all your questions.
Contact Core Business Brokers today on (02) 9413 2977, or email Roy directly at Roy@corebb.com.au or Rad, at Rad@corebb.com.au