HOW BUSINESS RESOURCE CENTER SELLS YOUR BUSINESS
- Advice
Your broker will advise you on preparing your business for sale. We
share our knowledge of the marketplace and competitive business offerings
with you. We then help organize and present the business to enhance its
appeal.
- Structure the Sale
Your broker, under close supervision of management, will analyze your
business, financial history, lease and market comparables. We then apply
sophisticated valuation techniques to ensure that the business price and
terms are appropriate for the current market for business sales.
- Networking
This is probably the most important part of a successful business marketing
strategy. Your broker will prepare explanatory information and introduce
your business to the other brokers in Business Resource Center. This ensures
that the right buyers in each of our offices will learn about your business
in a structured and confidential manner.
- Advertising
We advertise your business, and others like yours, to get the highest
response and greatest number of prospects. We use a variety of advertising
media, depending on the type and size of business. You will benefit from
our extensive advertising program. Any ad we run could be the one that
reaches the buyer for your business.
- Documentation
We collect all the information necessary to sell your business.
In most cases, buyers do not see any of your records until you have accepted
their offer with earnest money.
- Qualifying Buyers
We sort out the unqualified prospects, and then go a step further.
Business Resource Center has developed a buyer profiling system that documents
the needs, interest and ambitions of all our buyers. We can then explore
businesses they may never have considered before. Sellers can be sure that
their business will be matched up against hundreds of potential buyers
for the right fit.
- Confidential Introduction
We make a confidential introduction of your business to buyers
that are qualified and may have an interest. Each buyer must sign a Confidentiality
Agreement promising to maintain complete confidentiality. We take every
precaution to prevent your employees, customers, competitors or suppliers
from learning about your plans to sell.
- Follow-Up
Making the decision to buy is often as hard as deciding to sell. We
follow prospects and can pursue a buyer without weakening your bargaining
position. If you tried to actively pursue a potential buyer on your own,
the price would go down with each contact!
- Negotiation
We guide you through even the most complicated contract negotiations
and work with other professionals to help put tax, legal and business issues
in perspective. We never give up - we find solutions to even the most difficult
problems when they emerge!
- Buyer Assistance
We have found that the best way to assure a successful sale is to closely
assist the buyer through every step of the buying process. We unravel the
"mystery" of buying a business and make the buyer comfortable with the
whole process. We prepare them to act quickly when we uncover the right
opportunity. We explain the seller's needs to the buyer prior to the negotiation
stage. After agreement, we help you and the purchaser review the books
and records of the business and help get his lease, licenses and necessary
approvals. We even negotiate with your creditors, if required. In other
words, we do everything possible to make the sale happen.
- The Close
We manage the administrative maze of the closing and work with the
escrow attorneys to accomplish a smooth sale.
- Transition
We help take inventory and any other activities that must take place
for a smooth transition. Because we are an active part of the business
community, we will be there long after the sale - acting as a continuous
resource to you and the new owners.