Common Questions to Ask a Business Broker When Selling a Business
Hi Welcome to ValuationPodcast.com - A podcast and video series about all things related to business and valuation. My name is Melissa Gragg, and I provide online valuation services for mediation and litigation, based in St. Louis, Missouri.
Today we will be discussing Common Questions to Ask a Business Broker When Selling a Business with Jennifer Smith, a business broker in Cape Girardeau Missouri with Murphy Business Sales.
Welcome Jennifer!
Do you do an auction style process?
Do you just reach out to network of Murphy and see if there are buyers ?
How does working for both sides of the deal really work?
Does that mean you work for one and another Murphy broker is on the other end?
Do you do a full valuation? Do you charge for it?
Do you establish a baseline price – or the floor price?
How long does the process usually take?
What about a few close buyers or local competitors – do you wait until the end to contact them?
How do you keep a deal quiet?
Melissa Gragg
CVA, MAFF, CDFA
Expert testimony for financial and valuation issues
Bridge Valuation Partners, LLC
http://www.BridgeValuation.com
http://www.ValuationPodcast.com
http://www.MediatorPodcast.com
Cell: (314) 541-8163
Jennifer S. Smith
MBA, BCI, CMAI (formerly Jennifer Hendrickson)
Business Brokerage / Mergers & Acquisitions
715 Clark St
Cape Girardeau, MO 63701