Steps involved with selling a business

1
Steps involved with selling a business

• The size and type of business that one may be
  buying or selling will influences the complexity
  of each of these steps. I am a Business Broker
  based in Anderson South Carolina. I work with
  Business Sellers in South Carolina, Florida and
  Business Buyers locally, throughout the US and
  International as well. Every Business Sale
  transaction is different but share some
  similarities as well.

http//sellabusinessadvisors.com/steps-involved-with-buying-selling-a-business/
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Initial Information Review

• Gathering needed information and protecting that
  information ensuring Confidentiality and
  Non-Disclosure Agreements are signed to assure
  confidentiality related to this private matter.
  Irreparable harm can occur if the confidential
  content of discussions and negotiations are
  improperly disclosed. Seller reserves right to
  approve potential buyers and may require that
  additional buyer information/capability be
  submitted before confidential information is
  released to the buyer of the business.

http//sellabusinessadvisors.com/steps-involved-with-buying-selling-a-business/
3
The Initial Meeting

• At the first meeting, the potential   buyer of
  the business  will want to know specifics from
  the owner potentially including  sellers motives
  for selling the company as well as more detailed
  information about the business.  Conversely, the
  seller will want to know how if  the buyer is the
  type of person to whom he wants to sell the
  company. If the results of the initial meeting
  warrant further consideration of the deal, the
  buyer will next begin to evaluate the company and
  develop a financial structure for the proposed
  business purchase.

http//sellabusinessadvisors.com/steps-involved-with-buying-selling-a-business/
4
The Letter Of Intent/ Purchase Contract

• At the first meeting, the potential   buyer of
  the business  will want to know specifics from
  the owner potentially including  sellers motives
  for selling the company as well as more detailed
  information about the business.  Conversely, the
  seller will want to know how if  the buyer is the
  type of person to whom he wants to sell the
  company. If the results of the initial meeting
  warrant further consideration of the deal, the
  buyer will next begin to evaluate the company and
  develop a financial structure for the proposed
  business purchase.

http//sellabusinessadvisors.com/steps-involved-with-buying-selling-a-business/
5
Closing

• Once all issues have been resolved, the documents
  are signed, and the consideration exchanges
  hands, the deal is in condition to close. The
  actual closing marks the conclusion of the
  process.

http//sellabusinessadvisors.com/steps-involved-with-buying-selling-a-business/
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THANK YOU
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