Why Partner With Us?
8 Out of 10 Businesses Never Sell
Selling your company requires strategic planning to properly position the company for your eventual exit. A company dependent on its owner may not provide the transfer of value leading to lower valuations or less offers. Unrealistic valuation expectations can be disappointing when you start receiving offers so it's important to under the market conditions and price multiples based on the company's financial performance for the prior 3 years. Therefor, planning for the sale of your businesses is crucial to receiving the highest price and selling to safe pair of hands.
I'm Interested in Selling My Business, What's the Next Steps?
I'm Interested in Selling My Business, What's the Next Steps?
Gather Financial Documentation
Compile all necessary financial documents, including profit and loss statements, balance sheets, tax returns, and any other relevant financial records. Having organized and up-to-date financial documentation is crucial for evaluating and negotiating a fair price.
- Profit & Loss Statements for the last 3 years
- Balance Sheets
- Tax Returns for the last 3 years
We Want to Get to Know You
This is more than just a business transaction. We want to meet with you and build a relationship where both parties feel comfortable and understand the goals and visions for a successful transaction.
- We will meet by phone, video call and/or in person to discuss the ins/outs of the business to better understand the how the business is positioned to operate.
Evaluation
Evaluation
We will evaluate the financial performance of the business for the last 3 years and determinate a fair valuation.
- We use the profit & loss statement to evaluate the financial performance and trajectory of the business
Due Diligence
Once we've agreed on the terms, we will conduct due diligence to verify the accuracy of the financials provided for the business.
- The due diligence process is required to verify all figures and assets of the business.
Finalize the Sale
Congratulations! You have successfully sold your business.
- This is an amazing accomplishment and reward for all the years of hard work building your company.
- Enjoy retirement or embark on your next endeavor!