
WHAT ARE THE STEPS IN SELLING
Grow Your Business
Talk with your accountant and get all your financials up to date. Speak to your solicitor and have any leases and agreements ready along with anything else they suggest. Speak with your business broker as they will want to prepare an information memorandum. This step is all about preparing documentation and information so that a buyer can have a quality initial review of what is for sale and establish some value around the opportunity.
We will prepare many things from marketing scripts and images for all the leading business for sale websites, a confidentiality agreement for the business, the confidential business summary, and the information memorandum. These are all done with our team and your help. When completed we have all of the marketing documents reviewed by you the seller and approved before we commence.
We manage all buyer enquiry which involves a confidentiality agreement. We qualify buyers to a point where you are seller know enough to feel comfortable. Once we and/or yourself approve the buyer we provide the information memorandum and start working with the buyer to see how we can assist going forward.
For us as business brokers we are always acting in our seller best interests and this means we must get to know the buyer. If we build repour with the buyer they will lean on us for further help and support and trust our guidance on the process. The alternative is to have the buyer keep all cards close to their chest, not engage with the broker and the process will be a commercial transaction only which is never going to give both parties the best outcome.
The opportunity to seek an offer, manage the process through to an un-conditional exchange of contracts takes a great deal of experience, skill and care. Make no mistake deals can come un-stuck quicker than not.
We will work carefully and diligently right up until settlement making sure the buyer and the seller are transitioning well and enjoy the final steps of the selling process.