How Can I Sell My Business In Orlando Confidentially?
Are you looking to sell your business confidentially in the Orlando or Central Florida area but you’re not sure how? Confidentiality is typically a huge concern when business brokers in Orlando meet with potential sellers. At Crowne Atlantic, the business brokers rate confidentiality as the most important factor when doing a transaction. Confidentiality is so important that most potential sellers would rather not sell their business than to risk having a rumor out there that their business is for sale.
Why is confidentiality so important when selling a business in Orlando? Orlando is a small community. While Orlando operates on a national scale with some of the world’s busiest theme parks, popular conventions and one of the busiest airports in the country, but Central Florida is still a small community. Many business owners in the same industry know one another and many residents can identify businesses based on just a few details. Business owners want to keep their business sales confidential in Orlando because they do not want their competitors to use this information to poach their customers. They also do not want their customers to worry that a new owner will alter prices or not keep up with the quality of service. Business owners also worry that if their employees find out about a potential business sale, they might leave due to fear that a new business owner will fire them or handle the business differently.
What steps do I need to take in order to keep a potential my business sale confidential in Orlando?
One of the most important steps a business owner can take when keeping their business sale confidential in the Orlando area is to tell only who needs to know about a potential sale. Often times business sellers choose to speak with their accountants, their attorneys, sometimes their landlords and on rare occasions a manger in their company. It is also important to continue to operate the business normally as if nothing has changed and nothing is going to change in the near future. Another important item to think about is confidentiality when advertising. Often times business owners look to advertise their business for sale publicly and do not even realize that buyers without signing confidential nondisclosures will not keep a potential sale private. One of the easiest ways to keep a potential business sale in Orlando confidential is to hire a local Orlando business broker to assist with a sale.
See Case Study on Business Confidentiality in Orlando Linked below:
Case Study in Confidentiality When Selling A Business In The Orlando Area.
How do business brokers in Central Florida help keep a potential business sale confidential?
At Crowne Atlantic, our business brokers just sell businesses in the Central Florida area. We do not dip into all aspects of real estate. We are not leasing agents, commercial property agents, residential agents or realtors. We are members of the Business Brokers of Florida association and we focus on selling businesses. We keep potential business sales confidential by marketing and advertising only the essential information that buyers require to move forward. No more and no less. We ask that potential business buyers fill out confidential nondisclosures, financial statements and buyer profiles prior to releasing information on a confidential business sale to them. We also take the extra step to speak with potential buyers and work to qualify buyers prior to disclosing the details of a business on the market. It is always surprising how often other business brokers skip this step. Our process helps to disclose details to only the most potential buyers as opposed to disclosing a sale to the general public. As one of the number one business brokers in the Orlando and Central Florida area we have to rely on our reputation because we are never able to publicize the names of businesses before or after a business sale in order to keep the sanctity of the business.
If you or someone you know is looking to sell a business in the Orlando or Central Florida, call us. We service Orange, Seminole, Osceola, Lake, Volusia, and Brevard Counties. Our website is www.crowneatlantic.com and our phone number is 407-478-4101.
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