How Do I Sell My Software Business?
Are you looking to sell a software company? Congratulations! Many of today’s major business people got their start by being able to sell a software system business for big money. If you sell software or SaaS (Software as a Service) you won’t necessarily be able to retire on your profits, but if you do it the right way, you could be on your way there.
But you might be wondering: "What is the right way to sell a SaaS company?" Here are a few tips for those looking to sell a SaaS business or software company the right way.
What Do I Need to Know to Sell My Software Business Fast?
The first thing I need to know when selling a SaaS or software business is how to price my software business. Many people with software companies may not be that experienced in selling a business and may not know how to value their business.
This results in the buyers controlling how the price is set and you get the short end of the offer. Instead, hire a professional to give you a reliable estimate of the value of your software or SaaS business.
The second thing you need to know is your books must be clean and transparent. A Software Business Broker can help you with this. You don’t want buyers questioning the validity of your business when you’re trying to extract maximum value.
Finally, you have to know who the right buyers are. The software world is a big one, and not every investor is looking for the same thing. You need to market to the software buyers who want just what you’re selling.
Can I Sell My Software Business Online?
The internet is a great way for you to help yourself get maximum value for your software business when you use it to contact an experienced software business broker or SaaS business broker. A software business broker is a company that specializes in putting software companies together with motivated buyers.
Using a broker is especially important in the software world for precisely the reasons we have outlined. If you try to get the wrong kind of software buyers competing for your business, you won’t get the best price and the acquisition could fall through entirely.
Synergy Business Brokers Are the Software Business Experts You Need
That’s why, when you do hire a broker, you want to hire Synergy Business Brokers, helping technology companies like yours find the right buyers for over 15 years.
Below is a sample of some of the recent types of software companies that we have sold:
- Electronic Health Care (EHR) Software Companies
- SaaS Companies
- Point of Sale Technology company
- Marketing Software Company
- Asset Management Software Company
- Security Technology Company
- Workflow Software Company
- Supply Chain Software Company
- Educational Software Company
- Ecommerce Companies
If you’re in NY, NJ, CT, MA, PA or anywhere on the East Coast and beyond and are looking to sell a software company with annual revenues between $600,000 and $30 million, we are here to help. Drop us a line at email@example.com, fill out and submit our easy online form or give us a call at 914-738-9350 and we’ll set up a private consultation to get started.