Step One
Valuation | Normalize Financials | Exit Strategy | Video Meeting
The first step to getting your business sold is to have your business valued. We can provide 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 confidentially broker your business.
Business valuation fees vary based on business type and valuation type.
Step Two
Video Interview | General Listing Profile | CBR
The second step is our “Owner Interview” session. We will conduct a 30–60-minute recorded video or phone meeting where we will start to shape the narrative of our marketing and positioning of your business. Buyers want 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 will combine this information with the valuation from step one 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 Non-Disclosure Agreement.
Step Three
National Web Portals | Database Outreach | Target Marketing
The third step is our marketing of your business. We will market your business for sale discreetly on a national business listing portal and our company website. We will market it to our past buyer leads and private equity groups. We can make updates and changes at any time as needed.
Step Four
Monthly Reporting
The fourth step is we will provide you with your personalized owner update every month. This report will provide you with how many prospects have searched your business listing, viewed your business, signed an NDA and all other activities we have had with prospective buyers.
Step Five
Negotiate | Due Diligence | Contract to Close
The fifth step is the fun one! Once a buyer has reviewed the Confidence Business Review and Owner Interview, we will help negotiate acceptable terms to have a “meeting of the minds” and put together a Letter of Intent, followed by a purchase agreement. In most cases, this is the time we will have the buyer and owner meet. This is often a phone call followed by a site visit. We manage a confidential site visit. We will help both seller and buyer through the due diligence phase. Once all conditions are met, we will work with a closing attorney to complete the necessary closing documents. At the closing, we will collect our success fee which is based on the total purchase price.