| Whether your business is large or small, selling a business is a complex process requiring a blend of financial, legal and marketing skills. Our past and current experiences as attorneys, CPAs, business valuators and business brokers make us uniquely qualified to be your business broker. The following is a brief description of the process and our services: Step 1: Initial meeting
prepare the business value analysis and business profile. Step 2: Prepare a business value analysis and business profile
your business utilizing a variety of business valuation methods and determine a value range for your business. From this value range a listing price for the business will be established.
provides potential buyers with enough information to determine whether to proceed.
parties of interest, presenting the business profile to known buyers and advertising.
business and compatibility with the owner. Potential buyers will also be required to sign a confidentiality agreement. Step 5: Site Visit
discussions regarding the sale. Step 6: Negotiations We will act as your agent during the negotiation process and advise you in negotiating terms of the sale. We have negotiated many contracts as attorneys and as brokers and can draw on a wealth of experience. Step 7: Interaction with other professionals on your team
request we will interact with your professionals to keep them informed of the deal terms and discuss potential issues. Step 8: Draft sales contract and other legal documents
legal documents needed for the sale. By providing your attorney with draft documents to review rather than create, we save you a significant amount in professional fees. During the due diligence process the buyer will request information and documents, revisit the business and closely scrutinize the business. We will interact with the buyer as much as possible to minimize intrusion into your business. Step 10: Closing Process and Getting Paid!
escrow to obtain the necessary government releases and managing the transfer of assets. |