Simple Steps to selling your business with an Advisor

Working together, reviewing the business valuation, and forming a partnership to sell a business.

1. An initial call with your Business Intermediary

It all starts with a brief conversation. Expected seller questions: How long does it take to sell a business? Are there any upfront costs? What do I have to do next?

2. Provide financial and business information

Using accurate information to complete your business valuation is key! Tax Returns, Profit and Loss Statements, Equipment, Asset, and Inventory Lists all play a role in establishing the best price for your business in the current market.

3. Broker's Price Opinion (Valuation) presentation and Q&A

After many calculations, market research, and business knowledge your business valuation is ready. The broker can answer any of your questions.

4. Electronically Sign the Listing Agreement and other Documents

All listing agreements and any other needed documents can be signed electronically, making this a quick and easy part of the process!

5. Approve marketing and watch your listing go LIVE!

Your broker and the marketing team get to work creating your business's marketing materials. All you have to do is request changes or simply approve!

6. Intermediary brings buyers with offers for your approval

Your intermediary will monitor your listing, field information requests from buyers, schedule meetings between you and interested buyers, and bring offers to you for your approval.

7. Due Diligence- 14 days or less

Now you have accepted an offer, what is next step? It is called due diligence. This is the time where the buyer can ask for any information pertaining to your business and its operation that they deem necessary to make the final decision.

8. The Closing

The decision to buy has been made, the deposit has been received by the closing attorney, and the date has been set. The next phase of your life is about to begin!