WHY FIRST CHOICE BUSINESS BROKERS?

FCBB Will Help You Buy or Sell a Business in Kansas City and the Surrounding Areas

Founded almost three decades ago, First Choice Business Brokers has become one of the largest Business Sales Organizations in the U.S., listing over $7.5 billion in businesses for sale, holding an extensive network of business brokers across the nation to assist in buying or selling and business. We are helping those in your area, home of the Royals, the Kansas City Chiefs, and legendary BBQ.

Our Business Broker Professionals have diverse backgrounds, including accounting, banking, and real estate, and receive comprehensive training and continuing education from First Choice University. Our Business Sales Experts are well-versed in business evaluation, business sales, business marketing, and buy/sell negotiations to satisfy buyers and sellers alike. Our exclusive business listings are obtainable through only our First Choice Business Sales Professionals. We are large enough to offer buyers the widest selection of businesses nationwide and offer sellers individual attention in the local markets in Jackson, Clay, Platte, and Cass counties.

Selling a business is a unique process incomparable to selling or buying a residential property. You are best served by a Business Sales Professional when selling your business, specifically a First Choice Business Broker specializing in business sales. 

Six Checks Before Hiring a Business Broker in Kansas City

1. Years Of Experience

In the world of business brokers, experience is an important attribute. FCBB has 40 years of combined experience to maximize the success of your sale in Kansas City.

2. Business Valuation Method

What you're looking for here is the transparency of the process. As a client, you need to be privy to the method used for evaluating your business. You need to know how they come up with a number. The more they're willing to divulge, the more trust you can build with them.

3. Experience With Similar Businesses

An important question you have to ask your broker in Kansas City is if they have worked with other companies similar to yours. A smooth sale will take place if they have domain experience. They can also tap into their earlier buyers pool, which can help.

4. Number Of Businesses Sold

Experience is one thing, but the number of businesses sold is another equally important figure. Knowing how many companies they've sold helps you understand how good they are at closing deals. It also gives you insight into how effectively they have worked with past clients.

5. Location Of Their Office

When you want to sell your hard-earned business, you want a broker who works out of an office. You don't want a broker that works out of their apartment regardless of the deals they offer. When a business broking agency has its own office, it signifies success.

6. Their Success Ratio

The last thing you must know is their success ratio. Define the success ratio as the number of businesses sold divided by the total number of businesses consulted. This number should be high for maximum chances of success for your business.

Benefits of Hiring a Business Broker

1. Accurate Business Valuation

One of the most important benefits of hiring a business broker is accurate valuation. As a business owner looking to sell their business, you want the correct value and get the best out of your decision to market your business to the correct party.

2. Save Time And Effort

Few people know how much time and effort goes into selling a business. It can be challenging with many common pitfalls that impact a successful transaction. If you want to sell your business in Kansas City, get in touch with First Choice Business Brokers, we can help you out.

3. Huge Amount Of Experience

A business broker to work your business deal sets you up with a huge advantage right from the start. Buyers often prefer working with a broker. A broker brings your market experience to the table and gives you valuable insights into positioning your business to maximize the sale. A broker translates seemingly impossible demands into simple, step-by-step tasks for successful problem-solving.

4. Non-Disclosure Agreement

As someone new to the selling game, you might not be aware of all the nuances of the market. When selling your business, confidentiality becomes a big part of the process. A business broker can handle privacy and other issues to protect your business and get you the best price.

5. Comprehensive Details, Specific to Your Market

There are important details to pay attention to when you sell your business. These might be difficult to contend with if you're not used to the process. Hiring a business broker for your Kansas City business ensures that you have every detail covered at the time of sale.

6. Fruitful Negotiation

Negotiation is pretty challenging because there are buyers who know how to apply pressure during the sale. The expertise of a business broker can come in handy for you. If you don't see what you're doing, you could be leaving money on the table.

Business Broker - FAQs

1. What Is A Business Broker?

A business broker is an individual or company that assists in the purchase and sale of companies. Business brokers are licensed and certified to handle certain aspects of the business sale for the owner. Hiring a business broker can considerably maximize a successful sale.

2. Can My Business Be Sold?

Yes, you can sell every business for the right price and to the right people. You can always talk to a business broker to sell it if you own a business. They will find you qualified leads to buy your business, submit paperwork correctly and fulfill any licensing or permit requirements.