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Business Broker in NJ such as A Neumann and Associates, your business can become sellable and proceeds can be maximized at sale. For more information and a free Confidential Consultation, contact A Neumann and Associates at A Neumann & Associates, LLC. ">There has been an increase in exit planning amongst business owners, two recent trends have made a big impact. A Neumann and Associates, a premiere Business Broker in NJ says the economy and aging baby boomers have caused an increase in exit planning. One of the first steps is for business owners to obtain a certified business valuation, A Neumann and Associates has performed 150 valuation in the last year alone which supports the increased activity. With more businesses predicted to be for sale, here are 3 important items for business owners to consider when planning for sale of their business. First, start early! The earlier the better, when asking a Business Broker in NJ, A Neumann and Associates say the most savvy business owners start a decade or more in advance. There are some extreme benefits to starting early. The fact is, only around 1% of businesses can currently be sold. There is so much to do to prepare a business for sale that starting early gives a business owner a huge leg up. Furthermore, most business owner wish to maximize proceeds at sale, they can greatly improve the amount of proceeds by beginning preparations early, a lot of that has to do with a business valuation. Second, get a certified business valuation up front and often. One of the first steps in exit planning is obtaining a valuation. It must be a certified valuation and it must be from a reputable third party to maintain objectivity. The information in a business valuation is extremely helpful for business owners who look to improve their current standing. Value drivers show strengths, weakness, opportunities and threats to the value of the business. Even the smallest changes can have enormous positive impact on the value of a business. This is why more businesses are obtaining valuation early and often. It is not uncommon that the increased value of a business from improvement learned from a business valuation to far exceed the expense. A Neumann and Associates, a Business Broker in NJ has performed over 5000 business valuations and can assist with a business valuation for any of the many reasons valuations are obtained. The third important item for business owner is to obtain proper representation from an expert Business Broker in NJ to maximize proceeds and meet goals that work best for your situation. This is critical for many reasons especially for confidentiality. For A Neumann and Associates, they have built their reputation on excellence in service and it all starts with confidentiality. It is of upmost importance to maintain confidentiality to avoid any negative situations during exit planning. Additionally, proper representation can assist with the business valuation, maximizing proceeds at sale, all of the memorandums, preparations, negotiations and everything involved in a sale of a business. Remember, only 1% of businesses can currently be sold, with proper representation by an expert Business Broker in NJ such as A Neumann and Associates, your business can become sellable and proceeds can be maximized at sale. For more information and a free Confidential Consultation, contact A Neumann and Associates at A Neumann & Associates, LLC.
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