Business Brokers in Connecticut
Selling a business can seem like an enormous undertaking — one that’s so significant that many entrepreneurs will choose to put off selling at an optimal time to avoid the additional work that goes with it. However, working with a professional business broker can facilitate the process to eliminate much of the tedious decision-making that accompanies the procedure.
A Neumann & Associates, LLC offers mergers & acquisition advisory, business brokerage, and professional financial services to Connecticut business owners. Established in 2003, A Neumann & Associates, LLC has maintained an A+ business rating with the Better Business Bureau since the beginning. Focusing on medium and large business sales, valuations, and mergers and acquisitions, this team of professional business brokers, many of whom are business owners themselves, has established a portfolio containing over 5,000 valuations.
To schedule an initial consultation with one of Connecticut’s most established business brokers, call A Neumann & Associates, LLC, and we will outline our processes for you.
Establishing a Price for a Business
To find the best potential buyers for your company, we must know your business’s value in the current market. Therefore, the A Neumann & Associates, LLC analysts will review your financial records to measure cash flow and profitability. These are critical metrics in a company’s valuation. In addition, a valuation report will also consider your business’s standing in the market in which you operate, the competition in your industry, and other factors that can affect your Connecticut company’s value.
Once we’ve established your business’s current worth, we will be able to make recommendations that will enhance the value and marketability of your business.
How Discounted Cash Flow Analysis Works
One of the methods that financial analysts employ to value businesses is Discounted Cash Flow Analysis. Savvy business investors will consider the potential future profits and growth patterns of a company. The value of a business moves in direct proportion with these indices. The stronger they are, the higher the price of the business.
How Comparable Company Analysis Works
In contrast to Discounted Cash Flow Analysis, Comparable Company Analysis examines external forces in your industry and the marketplace, for example it compares your business to deal closings over the past five years.. This method does place a dollar value on your business, and it can provide invaluable information concerning similar sales of companies in your industry. While no two companies are exactly alike, these comparisons can help establish a baseline for other companies with similar size and profitability in your industry.
Valuing Businesses after the CoViD-19 Crisis
2020 was an outlier year in many ways. Many business owners and buyers have valid concerns about conducting a significant transaction during this sort of economic turmoil. The truth is that some sectors did quite well during the CoViD-19 pandemic, while others were hit hard. 2021, on the other hand, has seen the reopening of many types of businesses, increased travel, the return to workplaces, etc. This is in addition to multi-trillion-dollar cash injections by the U.S. government. For this and many other reasons, Connecticut has become a seller’s market for business owners, and opportunities for sellers abound.
Identifying and Negotiating Qualified Buyers for Your Business
Many business brokers maintain a list of buyers while they wait for other brokerages to bring businesses for sale to market. Their objective is to make an easy commission while tying investors to their firms. While A Neumann & Associates does maintain a relationship with many highly qualified investors, our firm primarily represents sellers and businesses who require assistance with mergers & acquisitions. When A Neumann & Associates, LLC represents your business for sale, we will review prospective buyers to ensure that they have the financial wherewithal to acquire your business and make sure that they are a good fit for your particular business. We find that this approach has reduced the occurrence of buyers withdrawing from deals, which is counterproductive and can hurt a company’s marketability. Ultimately, when we represent a seller, they are the client, and we work for their best interests.
Protecting Confidentiality with NDAs
Few factors can adversely impact the price and marketability of a business sale as much as unauthorized information leaks. That’s why the attorneys who represented A Neumann & Associates, LLC have developed substantial non-disclosure agreements to be signed by buyers before any information of a seller is released. Additionally, we will meet with your company’s representatives offsite, and any inspections of your operations will be performed as discreetly as possible. This will help prevent the occurrence of damaging rumors.
FAQ About the Sale of Businesses.
A Neumann & Associates, LLC has performed thousands of business valuations, sales, and mergers and acquisitions. These are a few of the questions that we receive from our clientele. For more specific information, call A Neumann & Associates, LLC to discuss your business-sale plans.
Is this the right time to sell my business?
This is not a question that can be answered without at least a cursory examination of the industry you operate in, the profitability of your business, your assets, and the future outlook for your market. However, the Connecticut marketplace is full of well-qualified investors, so A Neumann & Associates, LLC is confident that we can locate potential buyers, should you choose to sell your company now.
What are the advantages of using a business broker?
Most business owners don’t possess the specific knowledge and experience required to get the optimum value for their companies in the marketplace. Professional business brokers like A Neumann & Associates, LLC excel at determining the values of businesses, bringing qualified investors to the table, and closing deals.
Connecticut Business Brokerage
A Neumann & Associates, LLC is a company comprised of veteran business brokers and entrepreneurs. Our firm excels at garnering top-dollar bids for our clients. Contact our office to discuss the possible sale of your business.
If you’re looking for any information mentioned above or for a free consultation on how we at A Neumann & Associates, LLC can assist you in buying a business in Connecticut, Selling a Business in Connecticut, Business Valuation Services in Connecticut, etc., don’t hesitate to reach out to us.
The A Neumann & Associates, LLC office in Connecticut is located at the following address:
A Neumann & Associates, LLC
Norwalk, CT 06854
Contact A Neumann & Associates, LLC
If you are considering selling your business, please contact us to learn more about our comprehensive service spectrum. Our experienced professionals will answer all your questions about selling a privately held business in complete confidentiality. Please to fill out a short form, or call us at (732) 872-6777. We will contact you directly and will never identify ourselves to your employees.