BUSINESS SELLERS:
Owners of businesses all reach a point in the history of their enterprises when
it is time to "hang it up".
Many factors will tell you when it's time:
1. Owner's "burn out."
2. Owner's or key employee's health problems.
3. Business relocation or rerouting of expressways.
4. Lease expiring and you do not want to renew for another term.
5. Changing technology.
6. Get estate in order.
7. Not interested in investing additional long-term capital.
8. Children do not want to enter the family business.
9. Under capitalized.
10. Largest accounts in financial difficulty.
11. Bank unwilling to renew credit lines.
12. Supplier problems.
13. Staff problems.
14. Customer habits changing.
15. Seeks retirement.
16. Wants to cash out and go fishing.
Whatever the reason, you need to plan on an orderly transition to new
ownership and less involvement on your part.
The secret is: How do you find the right buyer for your life's work?
Experience tells us that the sale of your business, is one of the largest dollar
transactions in which you will be involved. We know you want something this
important to be handled by the most qualified professionals available.
What Can You as A Business Owner Reasonably Expect from A Broker?
1. Loyalty.
2. Confidential representation.
3. Assistance in organizing the data required to evaluate the on and off
balance sheet value of your enterprise.
4. A confidential marketing portfolio designed to present the business in its
best possible light.
5. Marketing to attract qualified purchasers without identifying your specific
listing.
6. Responding to buyer inquiries and pre-screening those respondents.
7. Soliciting offers to purchase and presenting these to you for consideration.
8. Assisting in identifying potential lenders, escrow agents, attorneys,
accountants, inventory appraisals, equipment appraisals, and real estate
professionals if applicable.
9. Assisting in a smooth ownership transfer.
10. Trying to sell your own business is like a lawyer representing himself in
court: it does not work.
11. To better accomplish the selling assignment, owners can add to the market
appeal and the potentially premium sale price by providing the broker with the
tools necessary to show buyers the hidden value in your company.
INFORMATION NEEDED TO PRICE, SELL AND FINANCE YOUR BUSINESS:
1. LAST 3 YEARS OF BUSINESS AND PERSONAL TAX RETURNS.
2. LAST 2 YEARS AND YEAR-TO-DATE PROFIT AND LOSS STATEMENT.
3. DETAILED BALANCE SHEET.
4. LIST OF EQUIPMENT TO BE SOLD WITH THE BUSINESS.
METRO
BIZSALES
BIZSALES
| METRO BIZSALES OFF: 972-487-0462 FAX: 469-519-8823 EMAIL: info@ metrobizsales.com |
INFORMATION FOR SELLERS
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- HELPING A BUYER FIND A BUSINESS.
- HELPING A SELLER SELL BUSINESS.
- HELP BUYERS WITH FINANCING
- PROVIDE SUPPORT GUIDANCE TO BUYERS AND
SELLERS.
- HELPING A SELLER SELL BUSINESS.
- HELP BUYERS WITH FINANCING
- PROVIDE SUPPORT GUIDANCE TO BUYERS AND
SELLERS.
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