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MOST FREQUENTLY ASKED QUESTIONS

Question: Why hire Market Connections instead of selling it myself?
A few of the many benefits of hiring a professional broker are listed below:

  • Confidentiality is better maintained when the sales process is conducted by Market Connections.
  • Many times the business performance declines because the seller is distracted while trying to market the business. This can create serious buyer confidence problems. Hiring Market Connections, who knows the Business Transfer Process, will allow the seller to focus on the day-to-day business
  • Market Connections will apply proven methods, tested tools, business transfer experience and national connectivity to the sale of your business
  • All prospective buyers are vetted before being presented with any business information.

Question: Does Market Connections charge up-front fees?
Market Connections only charges for services rendered. If your business is 'market ready' i.e. your books are kept in accordance with Generally Accepted Accounting Practices (GAAP) no preparatory work may be required. We offer an optional Confidential Memorandum and valuation service if you want to get the maximum price for your business. You can look at these and decide for yourself.

Question: Does Market Connections have buyers?
Yes. Our Network has a National Buyers Database covering a wide variety of business fields.

Question: How long will it take to sell my business?
It is impossible to predict how long it will take to sell a business because there are too many variables to consider. A time range of 3 to 12 months is not unreasonable.

Question: Can you provide references?
Yes, within the limits of our confidentiality agreements.

Question: Does Market Connections require a listing agreement?
Yes. There is a significant investment of time to list and sell any business. This process can take up to 12 months. That is the duration of our typical Listing Agreement.

Question: Can Market Connections provide legal and financial advice?
We do not offer legal or financial advice. These two disciplines are far too complicated for a Broker to have the in-depth knowledge usually required. What we can do is recommend experts in these fields that you can choose from.

 
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