Advantages of selling your it business privately

Advantages of Selling Your IT Business Privately

by wwbcus

Advantages of Selling Your IT Business Privately with ITExitStrategy

Selling a business can be complicated, but as a business owner, you have more options than you may realize. Choosing the wrong approach could have drastic financial consequences for both you, the owner, and your business.

A private sale with ITExitStrategy is understandably the easiest way to exit your IT business. There are many advantages to opting for this exit strategy.

Advantages

  • Can generate significant revenue
    Yes! You are in control of what you determine is an equitable arrangement for selling your IT business.
  • No brokerage fees
    Paying commission to the broker leaves the seller feeling discontented as a big chunk of the payment gets disbursed to the broker. Starting at 10%, they may go up to 15% of the whole amount which transforms into a lot of money. When you take the responsibility of selling your business privately, you effortlessly save this money which can be reinvested into other ventures. Thus you can earn a higher return on your investment and diversify your finances. → Check out how much you will save with our brokerage fee savings calculator »
  • Focused Attention
    Brokers are simultaneously working on a number of projects and it becomes difficult for them to pay individual attention to each sale. At times, the small business is neglected and remains unsold for a long time.
  • Quick Response time
    As the owner of the business, you know the company inside-out and are quick in responding to queries from prospective buyers. You can provide instant information on all aspects of the business, whereas an agent will have to consult you and then return to the buyer which can delay the process and lead to loss of interest from the buyer.
  • Flexibility to Make Changes
    Since you control the negotiations, you are free to make changes according to your needs and requirements without the worry of breaking a contract.

Demystifying the disadvantages

  • Requires suitable buyers.
    True – and ITExitStrategy offers vetted, targeted buyers who have expert knowledge of the IT business and assign a high value to your company.
  • Can take longer than expected
    An equitable arrangement can quickly be reached because there is no time wasted on trying to find suitable buyers. Which means you can get right to negotiations.
  • Fewer buyers, lower price
    There is no shortage of buyers when you choose to sell with ITExitStrategy! The more potential buyers for your business, the better, since then you can establish a fair market price.

Selling your business privately with ITExitStrategy is the best way to get the highest price for your IT business. It is not dependent on any third-party who can exert its control and take advantage of the situation to mint money. If you are putting up your IT business for sale in the DMV area (DC, Maryland & Virginia), then the smart way to go about it is with ITExitStrategy.

Looking to Sell Your IT Business?

If you are located in the DMV – DC Metro Area (Washington, D.C., Maryland & Virginia) and are interested in selling your Information Technology business please complete our seller’s form.

SELLER'S FORM

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Sell your business with IT Exit Strategy and save money

Sell Your Business and Save Money

by wwbcus

Selling a business privately is a booming trend around the world and in today’s economy, it’s not as difficult as one might think.

If you are an IT Small Business located in Maryland, DC, or Virginia – there is a buyer waiting for a business for sale like yours.

ITExitStrategy offers confidential, high quality, targeted potential buyers, giving you the best possible chance of a fast, successful business sale.

Why pay a business broker thousands of dollars in upfront advertising fees and up to 15% of the sale price? That is far too expensive for a small business owner.

Listing your business privately with us will give you the best chance of connecting with a buyer in the quickest and most affordable manner.

At the end of the day, there is no better person to sell your business than you, the owner.

See How Much Money You Can Save When Selling Your Business With ITExitStrategy

Broker Fee Savings Calculator
Sell your business with IT Exit Strategy
How To Get The Best Price When Selling A Small Business

How To Get The Best Price When Selling A Small Business

by wwbcus

For business owners, selling a business is the most popular exit strategy. In some cases, there are no successors who want to keep the business going; in others, it was always the business owner ‘s plan at some point to convert the business into liquid assets.

Selling an information technology company can be complicated, so you want to take the time to do it the right way. Careful preparation and use of available professional resources are the keys to obtaining a good price when selling your business. This will allow you to realistically view your business so that you can set a fair price for it.

Whatever the reason you want to sell your IT business, following these tips to sell will help you get the best price and make sure it sells.

Learn tips and tricks of the trade.

  1. Sell at the Right Time for the Right Reasons
  2. Be Clear About What You’re Selling
  3. Determine What Your Company Is Actually Worth
  4. Make Sure Everything Is in Order
  5. Get Professional Help When Selling a Company

 

CONTINUE TO ARTICLE

 

Sell your business with IT Exit Strategy

Provide IT Business Owners With An Exit Strategy

Providing IT Business Owners With An Exit Strategy

by wwbcus

ITExitStrategy came about through the experiences of its members witnessing other IT Small Business owners leaving the industry for a variety of reasons over the last few decades. There were a variety of reasons for the departure; whether retirement, exhaustion with the stress related to the IT industry, selection of another career path, another job opportunity, or a myriad of other factors.

The members of ITExitStrategy also witnessed that in the vast majority of situations the owners of these small businesses never realized any remuneration for the company they had built. Our group completely understands the Blood, Sweat, and Tears that these owners had invested in their respective companies. As an aggregate, the members of ITExitStrategy have approximately 100 years of IT business experience. Additionally, there wasn’t usually a smooth transition for the clients involved.

We discussed the situation and decided there was an opportunity for a Win-Win-Win situation.

  • First, the business owner that dedicated his or herself to building the company would actually receive remuneration for the long hours and stress associated with an IT service provider, no matter the size of the firm.
  • Second existing IT Small Business Owners looking to expand their businesses have the opportunity to acquire an established IT Services company.
  • Third and an important concern for all the exiting business owners we have encountered, he/she can be involved in the transition of the clients he/she has serviced and thus be confident that the people he/she has worked and established relationships with will be professionally supported.

We also realized that many small business owners within any industry at times are convinced that business acquisitions are just for the “big guys.” That doesn’t have to be the case. A business owner has an opportunity to earn revenue from the IT Small Business that he/she has built.

Our goal at ITExitStrategy is to realize the Win-Win-Win situation for all involved during a business and client servicing transition.

Sell your business with IT Exit Strategy