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Common Questions to Ask a Business Broker When Selling a Business
Manage episode 337076395 series 3379459
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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
melissa@bridgevaluation.com
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
(573) 335-1885
http://www.MurphyBusinessofCape.com
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