Why Should You Use a MYDOX Business Broker?
We understand you have a lot of choices to make when it comes to trusting someone to help you act as your sell and buy agent, or finding someone fully equipped to help you buy a business and effectively enter the world of business ownership.
Our reliable teams of professionals do a lot more than just bring buyers and sellers together. We are successful in pricing, packaging, marketing, selling, and getting financing for all types of businesses.
As experts in selling businesses we are able to help our clients effectively negotiate the numerous pitfalls and hurdles that can appear in any business transaction. There are several reasons for this and they revolve around our extensive knowledge and superb service.
We know from experience that over 90% of qualified buyers purchase something different than the business they first called about. That means, if you are marketing your business without the expertise we offer, your ad featuring a single business will reach less than 10% of potential buyers!
Qualifying prospective buyers is a critical step in maintaining confidentiality in the sales process and ensuring a sellers time is not wasted. We receive confidentiality agreements and personal financial information from our buyers and thoroughly interview them to ensure they are financially qualified as well as to ensure we understand their personal goals for purchasing a business product.
While our Business Brokers actually work on behalf of the seller, we also assist the buyer with the details of completing the sale. We are specialists, for instance, in helping buyers arrange financing. Since 90% of buyers are “first-timers”, this valuable service really keeps a deal on track! We strive to maintain strong strategic relationships with financial institutions, keeping them updated on the listings we have available and introducing them to our buyers.
Our Business Brokers, and their team, coordinate the closing with the lenders, creditors, attorneys, accountants, and financial planners so that there are no last minute surprises and everything goes smoothly. No other firm goes so far to ensure that deals actually close; that’s why 89% of our deals close when the industry average is less than 12%.