OConnor Business Insights

The Top 5 Most Important Things When Selling a Business

Brad Oconnor

October 10, 2025

(And Why a Broker Makes All the Difference)

Deciding to sell your business is one of the biggest financial decisions you'll ever make. Whether you're a long-time owner ready to retire or an entrepreneur looking to move on to your next venture, the process can be overwhelming and filled with unknowns. From setting the right price to finding qualified buyers and maintaining confidentiality, there’s a lot at stake.


That’s why working with experienced business brokers can make all the difference. Here's a look at the top five most important things to consider when selling your business, and how a broker can help you get it right.


1. Proper Valuation of Your Business


One of the most common questions owners ask is, “How much is my business worth?” Valuing a business accurately is part art, part science—and it’s critical to a successful sale. Pricing too high might scare off qualified buyers. Pricing too low could leave money on the table.


Business brokers bring expertise and objectivity to the valuation process. They analyze financials, assets, market conditions, and industry benchmarks—whether you’re selling a plumbing business for sale, a food manufacturer for sale, or a car wash business for sale. With a business broker’s help, you’ll land on a fair market price that attracts serious buyers while maximizing your return.


2. Confidentiality Throughout the Sale Process


When you're selling your business, confidentiality is key. If customers, employees, suppliers, or competitors catch wind that the business is for sale, it could create instability and reduce the value of the company.


Professional commercial business brokers have systems in place to market your business discreetly. They screen potential buyers, require signed NDAs, and only release sensitive information to vetted prospects. Whether you’re listing a restaurant business for sale or looking to sell businesses in the industrial sector, an experienced business broker protects your interests while getting the word out to the right people.


3. Reaching the Right Buyers


Finding a buyer isn’t just about casting a wide net—it’s about casting the right net. Many high-quality buyers aren’t browsing public listings for “online business for sale” every day. They often rely on business broker networks to alert them to serious business opportunities.


The most successful business brokers have access to a large pool of qualified buyers actively looking to purchase small businesses, whether it’s a manufacturing business for sale, a bookkeeping business for sale, or even tropical or resort businesses for sale. They also know how to position your  business in the best light, showcasing the opportunity to buyers looking for established, profitable, and streamlined operations.


4. Preparing and Packaging Your Business for Sale


Before you list your business for sale, preparation is essential. Clean books, operational documentation, and a clear picture of revenue streams and expenses all matter to buyers. A sloppy presentation can drive down your business’s perceived value or stall a deal entirely.


A broker guides you through this preparation. They'll help you compile the necessary documentation, polish your marketing package, and craft a compelling narrative—turning your company into the best business in the eyes of a buyer. Whether it’s a landscape company for sale or a consulting company for sale, packaging matters.


5. Negotiation and Closing the Deal


Negotiation is one of the trickiest parts of the selling process. Terms, timelines, financing, and contingencies all need to be negotiated—and it’s easy for emotions to get in the way. One misstep could lead to a deal falling through.


Business brokers act as skilled negotiators, keeping the conversation professional and focused on value. They serve as a buffer between buyer and seller, helping to avoid conflict and keeping the deal on track. From initial offers to due diligence and final contracts, they manage the entire process with expertise—whether you’re selling a gas station business for sale, a franchise gas station for sale, or international companies for sale.


Final Thoughts


No matter the size, sector, or location—whether you're listing a construction business for sale, a marketing company for sale, or industrial companies for sale—selling a small business or medium sized business is a major undertaking. Having a seasoned business broker by your side provides the expertise, confidentiality, and network needed to navigate the process smoothly and successfully.


So if you've been asking yourself, “Should I be selling my business now?” or “Where can I list my commercial business for sale?”, start by connecting with a trusted and experienced business broker. They’ll help you unlock the full value of what you’ve built and ensure a successful transition to the next chapter.


Ready to take the next step? Whether you’re exploring the market or already thinking “I’m ready to start selling my business,” reach out to
OConnor Business Brokers today to get the guidance you need.



More questions?  We can help.

EVALUATION/CONSULTATION


If you are a business owner considering selling a business, and would like to learn more about OConnor Business Brokers and Consultants and the services we offer, please contact us to arrange a confidential business evaluation. 

You will meet one of the Directors of OConnor Business Brokers, and your requirements will be discussed. During the meeting you will have the opportunity to find out more about selling a business, and how our business brokers and M&A Advisors can assist you with the business sale process. 

Unlike many other approaches, OConnor Business Brokers start without any preconceived ideas about what is right for you and for your business. By understanding the business and your motivation we can help steer you in the right direction. This often challenges conventional thinking and comes as a refreshing change to the norm.


The Directors of OConnor Business Brokers have experience as business brokers, business consultants, M&A advisors, and business owners. We understand the challenges and pressures that face a business at any one point. We therefore use our time together not to try and sell you our services but to help you understand your options and how we can help.


An initial meeting lasts approximately one hour, and can take place virtually or in person at our office.



Evaluation and Consultation Request

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