What Is Your Business Worth?

Discover how a Business Broker will value your business.

Working with a professional Business Broker can help to realistically price your business for sale.

Many Sellers, before meeting with a Business broker have an idea in their mind as to how much they should ask for their business.

Their CPA or their friend or their realtor may have offered suggestions. So at the time when they do meet their Business Broker and the Broker offer a suggested selling price, sellers will sometimes respond with the dollar figure that their CPA, friend or realtor thought that they should sell for.

The predicament of the business Brokers is how to and will they tell the seller that the price will be too high for their business.

Most professional business brokers will explain the reality of an overpriced business including the fact that overpriced businesses help reasonably priced businesses of the same to type to actually sell.

A business owner needs to understand that a Business Broker is valuing the business logically and realistically based upon past sales and experience whereas a seller looks at the business emotionally.

The art of valuing a business is just that, it is an art and not a science. A business sells for what a willing buyer will pay and what a willing seller will accept.

Another option is to obtain an outside valuation for a cost of about $3,000.00. Sometimes these outside valuations are theoretical and not a Market Price Analysis and may not be worth the cost.

For more information on how a business is valued, contact your First Choice Business Broker professional whose only position is listing and selling businesses full time.

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First Choice Business Brokers Celebrating 30 Years of Innovation and Growth

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First Choice Business Brokers (FCBB), based in Las Vegas, NV Celebrates 30 Years of Innovation and Unprecedented Growth LAS VEGAS, Feb. 15, 2024 /PRNewswire/ - Tuesday, February 12th, 2024 – First Choice Business Brokers (FCBB), a trailblazer in the business brokerage industry, is celebrating its 30th anniversary with a legacy of transforming the traditional brokerage landscape. Addressing inefficiencies like limited technological integration and opaque processes, FCBB has pioneered a suite of innovative solutions, revolutionizing the way businesses are bought and sold. These innovations include comprehensive broker training through a university model, a digital listing system enhancing the buyer experience, and a state-of-the-art web platform for client education. Notably, the company's growth from 30 to 90 territories in just two years stands as a testament to its impactful network expansion and client satisfaction. As FCBB continues to push the boundaries with future plans, Jeff Nyman, co-founder, along with Linda Hentges-Nyman, reflects on this journey: 'Our commitment to innovation isn't just about keeping up with the times; it's about foreseeing the future of business brokerage and being there first.' As FCBB looks ahead, it remains dedicated to its mission of offering tailored, technologically advanced services to a global clientele, further solidifying its position as a leader in the business brokerage industry." Over the years, First Choice Business Brokers has consistently embraced innovation, adopting cutting-edge technologies and strategies to stay ahead in the dynamic business landscape. The company's commitment to staying at the forefront of industry trends has played a pivotal role in its continued success and the success of its clients. With 90 territories nationwide covered by 70 offices and growing rapidly, Award Winning FCBB has been recognized in the prestigious Entrepreneur Magazine's Top 500 Franchises. Key highlights of First Choice Business Brokers' 30 years of excellence: Innovative Technology Integration: First Choice Business Brokers has been a pioneer in integrating the latest technologies to streamline the buying and selling process. From advanced online platforms to artificial intelligence tools, the company has leveraged innovation to provide clients with unparalleled efficiency and convenience. Expansive Network: With a corporate presence in the heart of Las Vegas, First Choice Business Brokers has cultivated a vast network of buyers, sellers, and industry professionals. This extensive network has been a cornerstone of the company's success, facilitating swift and successful transactions. Industry-Leading Expertise: The First Choice Business Brokers team comprises seasoned professionals with deep industry knowledge. Their expertise, combined with a commitment to client satisfaction, has earned the company a stellar reputation in the business brokerage community. Client-Centric Approach: Throughout its 30-year journey, First Choice Business Brokers has remained dedicated to putting clients first. The company's client-centric approach is reflected in its personalized services, transparent communication, and a relentless pursuit of excellence. As First Choice Business Brokers celebrates its 30th anniversary, the company looks forward to building on its legacy of success and continuing to set new standards in the business brokerage industry. About First Choice Business Brokers: First Choice Business Brokers is a leading business brokerage firm based in Las Vegas, Nevada. With a history spanning 30 years, the company has been a trusted partner for individuals and businesses seeking to buy or sell businesses. Known for its innovative approach, industry expertise, and commitment to client satisfaction, First Choice Business Brokers remains a trailblazer in the business brokerage arena.