The sale of an active business is more effectively managed by a professional business broker who is experienced in all aspects of the transaction. Buying and selling a business demands a level of expertise that you expect from seasoned Business Brokers. There are over 30 million businesses in the United States and Canada today. Forty percent of business owners expect to sell their business within the next three years. Here are a few services offered by Turnkey Business Advisors to assist in the process. For business owners considering the sale of their company, Turnkey Business Advisors will provide the following services:
Identifying the Buyers
♣ Corporate Executives
♣ Small Group Buyers
♣ Private Equity Groups
♣ Public Companies
♣ Industry Companies
♣ Synergistic Buyers
♣ High Net Worth Buyers
8 Basic Steps to Selling a Business
♣ Execute a Non-Disclosure Agreement between Turnkey Business Advisors and the owner
♣ Gather and examine company historical and financial data
♣ Determine fair market value and terms
♣ Enter into an engagement agreement with the owner
♣ Execute marketing plan
♣ Qualify Buyers
♣ Negotiate offers
♣ Close transaction
Turnkey Business Advisors professional team will design a custom plan to promote your business to likely buyers. We directly market your business through global networks and on multiple websites, which means that you have a powerful network of business brokers working with us to find the perfect buyer for your company.
We understand the importance of maintaining confidentiality, so information about your business is shared with potential buyers in stages as their level of interest heightens. Turnkey Business Advisors never discloses confidential information without a signed Confidentiality Agreement and a buyer application. We work toward a full disclosure with either an Offer to Purchase or a Letter of Intent to Purchase.
We use our banking and financing contacts to assist the buyer and arrange favorable financing. This includes traditional financing, small business loans (SBA) or the use of non-traditional lenders. By doing this, we can also help minimize the amount of seller financing.