Selling Tutorial

For Business Sellers
If you’ve gone this far, then selling your business has aroused enough curiosity that you are taking the first step.
The first question almost every seller asks is: “What is my business worth?” Quite frankly, if we were selling my business, that is the first thing we would want to know. With the last 3 years of financials, equipment list & P&L’s we can prepare a Market Valuation so you have your answer. Our turn around time usually takes one week  to provide this service.

What Can You Do To Prepare your business for sale?

Appearances Do Count  The time to replace that old worn-out piece of equipment is before you decide to sell. Don’t assume that a new owner will want to do it or that the price will just be slightly lower because you haven’t replaced it. The time to make those changes and physical changes are now  before your Broker takes it to market.

Everything Has Value  There are other things that add value to your business. Don’t discount the value of customer lists, proprietary products and/or techniques, well-maintained equipment, customized software programs, long term employees and strong management in place.  You will want to make changes so your business is attractive to “the buyer”.

Eliminate the Surprises  Review every facet of the business and remedy any problems that could appear during the sale process. No one likes surprises – most of all potential buyers. Whether legal, accounting, environmental, etc. it is best to resolve it now.

We look forward to working with you in finding a suitable buyer for your business. You, as the seller, are an integral part of the total marketing program. If you have any questions, please don’t hesitate to call us, we look forward to hearing from you!