Sellers
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Steps in Selling a Business
Selling businesses is our business. We offer complete advisory and brokerage services performed in a strictly confidential manner. This section should answer a lot of your questions and help you through the maze of the process itself. If you are thinking of selling, give us a call.
There are many steps that are involved in selling a business. We provide service and support every step of the way saving you countless hours of aggravation and saving you money by avoiding costly mistakes. Below is a list of some of those steps:
- Decision to Sell.
- Valuation of the business.
- Determine price and terms.
- Prepare business for sale.
- Prepare Business Profile or Confidential Memorandum/Prospectus.
- Market the Business through several channels.
- Qualify perspective buyers.
- Buyers sign confidentiality agreement.
- Provide Buyer with short profile and numbers.
- Provide Buyer with Business Profile or Confidential Memorandum/Prospectus.
- Prospective Buyer Site Visit.
- Buyer Offer to Purchase.
- Negotiations by the parties.
- Acceptance of Offer.
- Select Attorneys.
- Bank financing if applicable for buyer.
- Due Diligence by Buyer.
- Agreement of Sale by attorney’s.
- Monitor to insure contingencies are met.
- Settlement/Closing.
- Training period by Seller.
[Sellers] [Sellers Tutorial] [Seller FAQ's]