Selling Your Business: Should I Hire an M&A Company?

Do you ask, “How can I sell my staffing agency?” Hiring an M&A company could be the answer you are looking for. These firms specialize in mergers and acquisitions advisory and can manage the entire process, allowing you to stay focused on your day-to-day business operations. Still unsure whether to hire an M&A company to sell your business or handle it yourself? You are not alone.

Many entrepreneurs face the same confusion, and this decision often determines whether the transaction becomes a success or a failure. In this article, we will explore why hiring an M&A company can be a game-changer and when you might choose to go without one. Stay with us till the end to make the right decision for your business.

Reasons to Hire an M&A Company

There are several reasons why you should hire an M&A company. We have mentioned them below. Check these reasons and learn what your reason is to hire an M&A company.

Maximum Sale Price

Professional M&A advisors determine the accurate value of your business in the present market. For this, they analyze financial statements, assets, and market conditions. Then they position it to achieve a higher valuation. It can significantly increase the final sale price of your nurtured business.

Manage the Complex Sale Processes

Selling a business can be tougher than you may think. It involves multiple things, such as valuation, marketing of the company to potential buyers, managing due diligence, and negotiating the deal terms. Handling all these aspects by yourself while focusing on business operations can be overwhelming. M&A firms with a team of skilled advisors efficiently handle all these aspects.

Minimize Risks and Mistakes

If you plan to sell your business by yourself, know that it involves several risks. As you are not experienced in mergers and acquisitions, you are bound to make a lot of mistakes, too. On the other hand, a seasoned advisor can mitigate risks with skillful due diligence and ensure that your transaction complies with all legalities. They can safeguard you from financial pitfalls and protect your interests in the deal.

Create a Competitive Environment

A professional M&A firm can build and maintain a competitive bidding process to ensure your business receives the best offers from multiple serious buyers. If you opt for a DIY approach, you may fail to do this, and your company may not get good offers at all.

Access to a Large Buyer Network

A reputable M&A firm must have facilitated multiple mergers and transactions over the years. As a result, they will have an extensive network of potential buyers who are actively in search of companies to purchase. It can significantly speed up the sales process and save you a lot of time.

Safety Net

When you want to sell your company, but unfortunately, a good deal falls apart, this can be incredibly frustrating. A skilled M&A advisor can re-engage other interested parties who were previously in the pipeline to help salvage the sale.

Focus on Business Operations

As we mentioned above, selling a business involves a bunch of things, including negotiations and handling details, and can be an overwhelming process. When you hire an M&A company, they manage the complete sales process and all aspects related to it. As a result, you are free to focus on running your business.

When to Sell Your Company Without an M&A Company

Though hiring an M&A company can be instrumental when you want to sell your company, there are times when you can choose not to hire an advisor. This will allow you to save the amount you would have spent on paying the firms. You can sell your business without hiring an M&A company in the following situations.

Have M&A Experience

In case you have previously sold a business and are confident that you can handle all the tasks and sell your current company at a good price, you should avoid hiring an M&A advisory firm.

Your Transaction Is Simple

If you have a small business and are certain the sales process will be straightforward, we suggest that you manage the process yourself and do not hire M&A services.

Selling to a Co-Founder

Selling your business to an existing partner can be easier, as it eliminates multiple tasks, such as business valuation and finding specific buyers. Due to this, you may not need an external advisor to handle the sales process.

Whether to Hire an M&A Company or Not

Are you wondering how to sell my staffing agency? Then, it would be a good decision to hire an M&A advisor. It offers multiple benefits, such as saving time, maximizing sale price, etc. But you can avoid hiring these services, too, in certain situations. We are Staffing Brokerage, a professional M&A company, helping business owners achieve successful mergers and acquisitions. We can do the same for you, and you don’t even need to say “please, help in selling my business.” Book your consultation with us today and take the first step towards a successful exit.