When business owners want to sell their business, they either “go it alone” or hire a business broker. You’ll find pros and cons to both choices. Recently, I came across a way combines 2 methods for selling your business. It might just sense to your requirements. A month ago, I wrote an article about selling your business at choosing the right time. I received some questions concerning subject. While i spoke to be able to people, I found an concept was very intriguing.

I instructed David which i would appraise the business, and convince the seller that my appraisal was accurate, but David had Caution: What is the Trap Of the Working Wealthy? do the negotiations. The seller would never talk if you ask me about the inside details if he was negotiating by himself directly. At this point I spent 5 hours with the seller, not the books, to determine the business was worth $350,000. The vendor would require the price, but felt I tried an excellent appraisal. I suggested to David to wait patiently 60 days and open discussions the moment again. I also told him owner would eventually take the $350,000.