Selling your business
Selling your business is a major decision, one that needs to be thoroughly thought out. You have invested your time, energy and capital to build your business. Most business owners will sell one business in their lifetime.
What are your goals in retirement?
What is your business worth? What your business is worth is what a buyer will put in your pocket; that is, the junction of what a buyer will pay and what you will take. High priced valuations by whomever will not close a deal. We deal in reality supported by the many deals we have closed. We earn money only by selling your business, and the more you get the happier we are.
As owners and former business owners the brokers in our network know that who buys your business is important to you as how it effects your long-term employees.
Outlined are some of the steps involved in selling your business:
1. Financial
-Organize financial records
-Normalize inventory
-Structure P&L statement to reflect real earnings
2. Profile
-Detail historical performance
-Identify growth opportunities
3. Market the Business
-Develop marketing strategy
-Maintain confidentiality
4. Identify buyers
-Obtain non-disclosure agreements
-Interview potential buyers
-Arrange conference calls and on-site visits.
5. Move through negotiations
-Obtain offers
-Identify acceptable offer
-Develop a counter offer strategy.
6. Due Diligence
-Respond to information requests
-Amend terms if necessary
-Help buyer identify financing sources.
Speak with any member of our network and allow us to help you get started selling your business. We will help develop an exit strategy to get you the largest return on investment while also minimizing your business’ time on the market.
A free no-obligation meeting with an experienced Network Business Advisor will help you determine whether you’re on the right track to realize your vision.
Selling your business is a major decision, one that needs to be thoroughly thought out. You have invested your time, energy and capital to build your business. Most business owners will sell one business in their lifetime.
What are your goals in retirement?
What is your business worth? What your business is worth is what a buyer will put in your pocket; that is, the junction of what a buyer will pay and what you will take. High priced valuations by whomever will not close a deal. We deal in reality supported by the many deals we have closed. We earn money only by selling your business, and the more you get the happier we are.
As owners and former business owners the brokers in our network know that who buys your business is important to you as how it effects your long-term employees.
Outlined are some of the steps involved in selling your business:
1. Financial
-Organize financial records
-Normalize inventory
-Structure P&L statement to reflect real earnings
2. Profile
-Detail historical performance
-Identify growth opportunities
3. Market the Business
-Develop marketing strategy
-Maintain confidentiality
4. Identify buyers
-Obtain non-disclosure agreements
-Interview potential buyers
-Arrange conference calls and on-site visits.
5. Move through negotiations
-Obtain offers
-Identify acceptable offer
-Develop a counter offer strategy.
6. Due Diligence
-Respond to information requests
-Amend terms if necessary
-Help buyer identify financing sources.
Speak with any member of our network and allow us to help you get started selling your business. We will help develop an exit strategy to get you the largest return on investment while also minimizing your business’ time on the market.
A free no-obligation meeting with an experienced Network Business Advisor will help you determine whether you’re on the right track to realize your vision.