Taking your business to new heights
                                                              Taking your business to new heights 

Business Sales Process

Selling a business is very different from selling a house. You cannot put a For Sale sign in front of your business. Selling your business is a confidential transaction to not upset employees and customers. A business broker can be an invaluable asset in this process. The right broker can help with valuing the business, the right marketing, negotiating the deal appropriately, work with landlords, vendors, attorneys as well as loan officers to make sure the deal closes.  The average time for a business to sell is 9-12 months.

 

High level overview of sales process for a business:    

  • Business Valuation

  • Recasting Company Financials

  • Formulate a Marketing Plan

  • Market Business

  • Interview and qualify prospects

  • Get Confidentiality Agreement

  • Show prospect the business and allow possible buyer and seller to meet

  • Work with prospect on interest and concerns

  • Offer and counteroffer

  • Due diligence

  • Negotiation with Landlord and Franchisor (if applicable)

  • Work with loan officer, closing attorney, insurance agents and other professional in order to have a closing.

Call today for a free Consultation!

 

 

Buying a Business

There is a great deal to think about when deciding to buy an existing business, franchise or even start one from scratch. 

We can help you make that decision as well as make sure you find the right industry and at the right price.

The first step is to ask yourself these questions:

1.   Why do I want to go into business?

2.  Where and how much time do I expect to work-owning a business is more than a 9-5 M-F commitment?

3.  Identify your interests?

4.  Consider your talents-what drives and motivates you.

5.  How much do you have to invest and where is the investment coming from (loan, savings, 401K, other)?

 

Thinking about going into business for yourself-lets talk about it over coffee!

 

 

 

 

 

 

 

 

Contact Us Today!

To schedule an appointment or find out more about the services we offer, please call Lisa at 478-456-8842 or email us, you can also use our contact form.

 

 

 

 

 

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