You’re ready to sell your alarm business. Congratulations! This is an exciting time, both for you – as you prepare to enjoy retirement or move on to another opportunity – and for your business!
As you begin getting your ducks in a row to execute the sale of your alarm company, there are many questions you will need to answer and decisions you will need to make. One of the decisions you will have to make early on in this process is who to work with to prepare for, negotiate and ultimately close the sale: broker or lawyer?
Should You Work With a Broker or a Lawyer to Sell Your Alarm Company?
While both lawyers and brokers are very good at what they do, the key to a successful alarm company sale is ensuring that each party remains true to their role in the process and respects the best interests of the seller the entire time.
Though a lawyer will likely be needed to review any agreements or legal contracts involved in the sale, the most successful, profitable alarm company sales are guided from start to finish by skilled and experienced alarm company brokers.
Benefits of Working With an Alarm Company Broker to Sell Your Alarm Business
From helping you find a buyer to ensuring that the term and conditions of the sale are favorable and helping you to maximize your profits from the sale of the company you worked so hard to build, an alarm company broker will prove to be an important ally throughout the alarm sale process.
So why should you choose to work with a broker? Here are just a few of the key reasons:
An alarm broker has your best interests in mind.
Your broker will stick by your side, from the beginning of the sale process until the sale is closed. He doesn’t get paid until you do, so it’s in everyone’s best interest for a maximally profitable sale to be executed smoothly and efficiently.
Experienced alarm company brokers know the ins and outs of alarm company sales.
Alarm company sales are very different from the typical business sales that most lawyers are used to negotiating. Brokers know how to find well qualified buyers, how to determine how much your company is truly worth and what to look for in a favorable agreement. The best broker will be one with industry-specific experience, ideally a broker who has worked in your sector and has been through the process of buying and/or selling a security or alarm business before.
Brokers will ensure that your company is well prepared for sale.
Alarm company brokers who have worked to buy and sell companies before know what buyers look for in alarm companies and understand what it takes to prepare an alarm business to sell for maximum profit. They will help you get your company in top shape so it can sell for top dollar.
These are just three of many reasons why working with an alarm company broker is your best bet if you’re ready to sell your company. Learn more about why you should plan to work with an alarm company broker to sell your alarm business here.
When Selling Your Alarm Company, Enlist the Expertise of an Experienced Broker-Lawyer Team
While an alarm company broker will likely be your closest ally throughout the sale process, that’s not to say that he will be the only professional involved in the sale. Though you’ll want a broker by your side during the entirety of the process, you’ll want to make sure you have an experienced lawyer’s guidance as you wrap up the sale process to ensure that all the legal aspects of the sale are executed correctly.
In short, if you want a successful, profitable sale for your alarm business, you’ll want to find an experienced alarm company broker who can guide you every step of the way and a dedicated lawyer to assist with finalizing the sale your broker worked hard to negotiate. It is imperative that each party focuses on their specific area of expertise and keeps your best interests in mind.
Need Help Selling Your Alarm Business? Contact AFS!
With decades of experience facilitating alarm company sales and acquisitions, Rory Russell is uniquely qualified to handle your alarm business’ sale. From providing you with an accurate and comprehensive alarm company valuation to promoting your business’ unique selling point and connecting you with interested and well qualified buyers willing to pay top dollar, Rory will guide you every step of the way as you work to sell your company.
Learn more about the benefits of working with AFS to sell your alarm business, then give Rory a call today at (800) 354-3863 (his personal cell) to find out how he can assist you with the sale of your company now, or down the road.
Curious about how AFS has helped previous clients in your industry? Check out our client testimonials for first hand accounts about working with AFS.
Looking for more insight about how to sell your alarm business successfully? Be sure to check out the following resources:
Five Step Guide to a Successful Alarm Business Sale – Find out what to expect when it comes to navigating the five key steps involved in a successful alarm company sale.
How to Find Buyers for Your Alarm Business: Finding the Right Fit When It’s Time To Sell – Learn about your options when it comes to finding well qualified buyers for your alarm company when you’re ready to sell.
How to Sell for the Right Price at the Right Time [Free Downloadable eBook] – Review our exclusive insight regarding how to be confident you’re moving forward with selling your alarm business at the right time and for maximum profit.