It is complicated.
thaT's why we're here.
Understanding the Process
While each business transaction is unique, they typically will follow this pattern.
There are about 20 micro-steps that follow between into these larger categories.
- Business Review and Preparation - we will discuss your business, gather facts, establish a likely sales price range, and advise as to necessary staging to make your business ready to sell.
- Marketing and Selection - market the business confidentially and discretely with both direct sales and general advertising. All the while, we will be culling through potential business prospects for the best candidates and make initial introductions.
- Letter of Intent - qualified candidates will present their letters of intent. Negotiate for the best combination of price and terms.
- Due Diligence - the winning buyer will have an opportunity to thoroughly verify the business operations and viability.
- Closing and Transition - a formal purchase agreement is signed, followed by a closing. Business transition will occur before and following the closing date.
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