Selling your business effectively and efficiently requires following a disciplined process which is individually tailored to your particular business. Fortunately, we have the depth of experience to understand what will work best for you. In general our Selling Process can be described in the following steps.
We need to learn about you, your business and your motivations for selling. You will learn more about us and our process.
We'll provide an opinion of value, buyer type and expected sale terms. This will help identify a likely sale price range. We take into account a variety of factors including the financial performance of the business, what industry it is in and the type of buyer that is likely to purchase the business.
A business review is drafted and approved by you to give to buyers who sign an NDA. We create all marketing material, pitch books, a marketing plan & targeted buyers list.
We will vet all inquiries from buyers, maintaining confidentiality and ensuring buyers are serious and financially strong.
Meeting with good-fit buyers who have strong interest and survive pre-screening. This is usually at your place of business.
Buyers who wish to make an offer will provide a Letter of Intent (LOI) or Term sheet. You can reject, accept or negotiate.
Once an offer is accepted, the buyer has 30-45 days to perform due diligence. We will stop negotiations with any other party.
After attorneys finalize closing documents, a closing is schedule with all parties to sign documents and finalize.
Contact us for a free, confidential consultation.
