We will look at the financials of the business, Tax records, market trends, location, how the company is trending, and we will give you our best advice. One of the reasons we keep a talented team of advisors is to also leverage their experience on this as well as get input from the financial institutions that most buyers will be using. Together, we will set the price. It is essential that we value your company accurately and at a price acceptable to you.
Frequently Asked Questions
After closing, there is a transition period when you should expect to stay on to help with a smooth transition. This can be anywhere from 30 to 90 days. It really depends on what the new owners will need and what are you willing to do. This is all negotiable during the due diligence process where the buyer will be developing a legal purchase agreement that clarifies what you both have agreed upon.
The time it takes to sell your company can range from as few as 90 days up to a year or longer, as timing depends on many factors. Cash transactions take less time than conventional finance deals, which usually take less time than SBA finance deals. Sometimes, it is all about finding that perfect buyer which may take a while.