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It’s not a snap decision when you’re ready to sell your business.  Premier Business Group can help you plan before the day of decision arrives.  We’ll consult with you to help you prepare.  Selling a business is largely about setting practical expectations as well as preparing the financial statements to meet a buyer’s expectations. Here are the steps we take during the selling process:  

Initial Meeting

  • Discuss confidentiality with business owners

  • Obtain business goals and selling objectives

  • Gather information from financial statements

Review of Financials to Determine Value

  • Determine value from financial review

  • Explain preliminary estimate of value

List with Premier Business Group

  • Complete Exclusive Listing Agreement

Marketing Package Preparation & Approval

  • Create marketing package

  • Review and approval of marketing package by seller

Screening & Qualification of Buyers

  • Filter inquiries in a confidential manner

  • Obtain Confidentiality Agreement

  • Screen and financially qualify the buyers

Scheduling and Conducting Seller & Buyer Meetings

  • Negotiations

  • Obtain executed Letter of Intent

  • Submission of deal package to underwriting for approval by lender

  • Coordinate Offer to Purchase

  • Agree upon terms and price between seller and buyer

  • Work with the closing attorney to create all the legal documents necessary to complete the transaction

  • Coordinate due diligence and closing

Closing

  • Work with business owner’s CPA in areas of deal structuring and/or tax considerations

  • Follow Closing Checklist

  • Guide the closing process

Follow-up