CORE Corporate Advisors
Streamlined business sales expertise
With over 20 years of experience in the business world, spread over two continents, I have gone from being an Artist to a thriving Business Broker. My journey has been a long and fulfilling one, with valued life lessons along the way. As a young woman I always dreamed of coming to America, and at the age of twenty-seven I made that dream come to a reality. I have helped many businesses to reach their potential, from giving my expert advice on marketing, design, and other helpful tips on customer service management. Through these years I have become the go-to person when it comes to increasing sales and customer service.
As a Business Broker, I strive to ensure that the advice I am offering is both honest and beneficial.
My participation in Europe, America and the many businesses I have been part of have equipped me with the knowledge to help my customers to prepare, value and successfully sell their businesses.
CORE Corporate Advisors
My Services
Welcome to a world of tailored solutions and expert guidance. My services are designed to cater to your unique needs, whether you’re an entrepreneur ready to embark on a new venture or a business owner seeking to transition. From initial consultations and precise valuations to strategic marketing, skillful negotiations, and seamless closings, I provide end-to-end support throughout your business journey. My experience spans diverse industries, ensuring that I can assist you in various sectors.
Explore my services today and take the first step toward a successful business transaction.
Business Sales & Acquisitions
Business Valuation
Confidentiality & Privacy Assurance
Negotiation & Deal Structuring
Due Diligence Support
Franchise Buying & Selling
Exit Planning & Succession
Remember that each business sale is unique, and it’s essential to work closely with a qualified business broker to navigate the process successfully and achieve your desired outcome.
CORE Corporate Advisors
Frequently Asked Questions
Commonly asked questions about my services, the buying and selling process, and fees involved:
A business broker is a professional who assists business owners in selling their businesses or helps prospective buyers find and purchase businesses. Brokers facilitate the entire transaction process, from valuation and marketing to negotiations and closing.
Selecting the right business broker is crucial. Look for a broker with experience in your industry, a solid track record of successful deals, and a good understanding of your specific needs and goals. References and client testimonials can also be helpful in the selection process.
The process typically involves the following steps: a. Valuation: Determine the fair market value of your business. b. Preparation: Prepare financial documents, contracts, and other necessary paperwork. c. Marketing: Your broker will create a marketing plan to attract potential buyers. d. Screening: The broker screens and qualifies potential buyers. e. Negotiation: Your broker assists in price and terms negotiations. f. Due diligence: Buyers investigate the business’s financials, operations, and legal status. g. Closing: Finalize the deal, transfer ownership, and handle any necessary legalities.
The time it takes to sell a business can vary widely based on factors like industry, location, market conditions, and the complexity of the business. On average, it can take several months to a year or more to complete a sale.
Business brokers are typically compensated through commissions, which are a percentage of the final sale price. Commissions can vary but are often in the range of 5% to 10% of the sale price. The exact percentage may depend on the size and complexity of the transaction.
Some brokers may charge upfront fees for services like business valuation, marketing, or administrative costs. However, reputable brokers often earn their fees through the commission when the business is sold. Be sure to clarify fee structures with your broker before entering into an agreement.
Yes, it’s possible to sell a business without a broker, but it can be a complex and time-consuming process. Brokers bring expertise, industry contacts, and negotiation skills to the table, which can help maximize the sale price and streamline the process.
Experienced brokers take confidentiality seriously and use various strategies to protect it, such as using non-disclosure agreements (NDAs), not disclosing the business’s name or location until qualified buyers are identified, and using generic marketing materials.
Contact Petra Despos
Business Broker
Email: pdespos@gocorebiz.com
Tel: 941-586-4967
Office: 941-584-8566 Ext 139
Fax: 941-441-9396