|
Service To Business Buyers
Buying a business may be one of the most important financial decisions you will make. A professional
broker can help you find the right investment. We take time to get to know each of our prospective
buyers; to know not only their qualifications and investment objectives, but also their goals, hopes, dreams,
and needs. The key elements of our service to buyers are confidentiality, establishing your investment
objectives, professional presentations, coordinating the process, and assistance in financing.
Confidentiality
Confidentiality is our number one priority. Most of our buyers are either currently employed or own
their own business. Almost everyone has reasons why they do not want the fact they are considering
the purchase of a business to be made public. Additionally, our buyers share with us information that
they would not want to be publicly known. No one other than the owner of the business will know the
prospective buyer's identity or any other information they may have shared with us.
Establish Your Investment Objectives
During a preliminary meeting we will typically ask the prospective buyer questions such as the type
of lifestyle you want to live, your timeframe for buying a business, your background and experience,
the resources you have available for investment in the business, and your expectations. These questions
help us determine which of our listings are most likely to meet your goals and objectives.
Business Presentation
At the conclusion of our fact-finding discussion, we are ready to show you businesses that meet your
needs and requirements. Since the seller is concerned about confidentiality, we will ask you to sign
a confidentiality agreement. We will then provide you with preliminary information about one or more
businesses, including pertinent financial information derived from the seller's tax returns. When you
have found a business that you are interested in, we will arrange for your visit to the business and
meeting with the owner. Once you have expressed a strong interest in a particular business, we will
provide you with any additional information needed and schedule further on-site appointments and
meetings with the owner. At this point you should have sufficient information to enable you and your
advisors to make a decision to purchase the business.
Coordinating The Process
When you are ready to purchase a business we
will assist you in preparing a Purchase and Sale Agreement based on the price
and terms that make sense to you. We typically represent the seller, however we
will assist a buyer in structuring an offer that may be acceptable to the
seller.
Financing
Once a contract to purchase has been signed by both parties, our job is not finished. Almost every
purchase requires some form of financing. We will assist you in obtaining appropriate financing. We
prepare and present information packages to lenders and assist the lender in understanding the deal.
Over the years we have assisted many of our buyers in obtaining financing and have established strong
working relationships with many area lenders.
|