Before you even think about placing your business for sale, there are some things you should do first. The first thing you have to do is to gather information about the business.
Here’s a checklist of the items you should get together:
Let us help you
Selling businesses is our business and our brokerage firm offers complete business valuation, sale, and negotiation services performed in a strictly confidential manner.
The decision to sell one’s business is a serious step. Our business brokerage firm can’t make the decision to sell for you, but we can give you the information you need to help make it.
For anyone considering the purchase of a business, our brokerage firm offers no charge consultations and an excellent inventory of businesses for sale complete...
with all of the information a serious buyer would want to review. You might want to visit the Buying a Business section of our site for more articles on buying a business. There is also a Questionnaire that helps us to help you in your search for the best business for you. There is also a question-and-answer section that might be helpful. We are happy to answer any questions you might have that are not covered in our Buying a Business section. Visit us soon!
Steps in working with our business brokerage
Valuation & Assessment Package
This first step allows you to gain an unbiased professional opinion of your business value and marketability. Your business valuation assessment will prepare you with everything you need to plan the sale of your business. We will also provide you with a customized action plan and next steps on working with us to confidentiality broker your business.
Business valuation fees vary based on business type and valuation type.
We begin step 2 with our “Owner Interview” session. This is a 30 to 60-minute recorded video or phone meeting where we will start to shape the narrative of our marketing and positioning of your business. Buyers what to hear the voice and the story of your business. Using technology, we can deliver this experience with far fewer scheduling constraints and better leverage the owner’s time with this one-time event. We then combined the knowledge we gained in the interview, the valuation from step 1, and our team’s market research to produce a stunning 15 – 30 page Confidential Business Review. This package will later be shared with buyer prospects who have executed our NDA.
Marketing efforts can be customized, updated, revised, or added to any time. We also offer additional promotion packages when a broader outreach is needed.
Monthly Reporting and Online Portal
Once the promotional package is active and live we provide you with your personalized owner update every month. This will give you access to see how many prospects have search your business, viewed your business, signed and NDA and all other activities we have had with prospective buyers on your behalf.
Contract to Close Service One-Time Success Fee
Once a buyer is ready to go beyond the stages of reviewing the Confidential Business Review and the Owner interview, they are ready to begin their Due Diligence and negotiations. In most cases it will be time for Buyer and Seller to meet. This is often a call followed by a site visit. We manage confidential site visits, help you prepare for the due diligence stage, conduct business negotiations on your preferred terms for a contract and ultimately help you have a closing for a one-time success fee based on the total purchase price, calculated as follows:
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