Our Sales Process
Our Structured Sales Approach
When selling your business, our team follows a meticulous, step-by-step process to ensure a seamless transaction, maximizing your profit and minimizing delays. If you’re considering a sale, we’d like to guide you through our structured approach.
Initial Consultation
We begin by gaining a comprehensive understanding of your business, allowing us to effectively showcase its value. Our initial discussion aims to gather essential insights into your business operations and reasons for selling. Please be assured that we maintain the highest level of confidentiality, protecting your sensitive information from employees, customers, and competitors.
Financial Assessment
We conduct a thorough financial analysis of your business to establish a benchmark for a reasonable selling price. While you will make the final decision on the asking price, our assessment provides a valuable starting point and insight into how your business compares to industry peers and competitors in the market.”
Partnership Agreement
When you’re ready to explore selling your business or gauge market interest, we enter into a service agreement. This agreement authorizes us to promote and represent your business to our extensive network of qualified buyers, ensuring a targeted and effective marketing approach.
Confidential Marketing
We market your business discreetly to potential buyers, striking a balance between showcasing its value and maintaining confidentiality. Our targeted advertising strategy shares only essential, non-identifying information, piquing the interest of qualified buyers while protecting your company’s identity and sensitive details.
Buyer Qualification
When we receive interest from a potential buyer, we initiate a rigorous qualification process to ensure they possess the necessary credentials, expertise, and financial capabilities to successfully complete the acquisition. To safeguard your interests, we require prospective buyers to provide concrete Proof of Funds before proceeding. Only upon passing this threshold are they asked to sign a comprehensive Non-Disclosure Agreement, granting us permission to share sensitive information about your business.
Mutual Discovery
As interest grows, the buyer will seek more insight into your business, and we’ll gather the necessary information from you to satisfy their queries. Similarly, you’ll want to learn more about the potential buyer’s credentials and intentions. We’ll share their information with you, fostering transparency and trust. Once both parties have sufficient knowledge, we’ll facilitate a introductory call between the buyer and seller, paving the way for further discussions and a potential deal.
Proposal and Negotiation
If the buyer’s interest persists after the introductory meeting, we guide them in drafting a Letter of Intent, signifying their commitment to proceed. This letter marks the beginning of the comprehensive Due Diligence phase. Upon completion of diligence, and if the buyer remains keen, we assist them in preparing a formal, written proposal outlining the terms, conditions, and price they are offering. This proposal serves as a foundation for the seller to consider and respond, initiating the negotiation process.
Due Diligence Investigation
In this critical phase, the buyer and their experts conduct a thorough review of all relevant documents and records, seeking to gain a comprehensive understanding of the business they intend to acquire. This meticulous process aims to uncover any potential risks or liabilities, ensuring a well-informed purchase decision and mitigating the risk of unforeseen complications that could jeopardize the transaction.
Purchase Agreement Drafting
Upon completion of the thorough Due Diligence process, the seller’s legal representative (or broker) will draft a comprehensive Purchase Agreement. This binding contract outlines the terms and conditions agreed upon during the Proposal stage, with potential adjustments made if material issues were uncovered during the diligence phase. The agreement serves as a final confirmation of the sale terms, ensuring a smooth transaction closure.
Transaction Closure
The final stage is to ensure a seamless closing process. This typically takes place at a law office or the company’s premises. We oversee the secure transfer of funds to the seller’s account, confirm the transfer of ownership, and facilitate the handover of keys and assets to the buyer, marking the successful completion of the transaction.
Get Started Today
Share your business details here and we will start the process of creating a discrete listing for your company