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SERVICES FOR SELLERS
When you are ready to sell
your business, you will want a business broker who can
determine the accurate market value of your business and
obtain the maximum price in a reasonable amount of time.
Let us show you how we accomplish that goal.
Analyze the business to determine the right sales
price:
Capitol
Business Consultants analyzes each business by applying
proven industry formulas and the sales of comparable
businesses determine a realistic, justifiable and
supportable price for the business. Capitol values
all business elements such as the earnings, assets,
history, reputation, appeal of the business, the ease
of operation, location, owner benefits, trained employees,
established customers and suppliers and the established
procedures and systems.
What
is a Business Worth?
The proper interpretation of the financial information
is a vital item in the sales process. Tax returns
are prepared to show a minimum profit by taking advantage
of all expenses. It is important to analyze and present
the financial information to demonstrate the actual
financial benefit and perks received by the owner
in order to justify the maximum sales price.
Confidentially market the business to qualified
prospective buyers:
It
is important to keep the name of the business confidential for several reasons. The pending sale should be kept
away from employees, customers and competition. Capitol
takes all reasonable precautions to protect the confidentiality
of the business.
Capitol advertises the business in newspapers ads,
trade journals and web sites, without disclosing the
name of the business and before the name is disclosed,
prospective buyers are screened, qualified and are
required to sign a Confidentiality Agreement. The
seller usually knows the name of the prospective buyer
before the buyer knows the name of the business.
Negotiate the Purchase Offer:
Sellers
traditionally receive significantly higher prices
for their business when the sale is negotiated through
a professional business broker. The seller is kept
fully informed and is in complete control, but the
broker negotiates the details and structure. This
keeps the seller from appearing anxious or from compromising
their position.
Manage the buyer's due diligence stage:
When
an offer is presented by a buyer it is contingent
upon the buyer being able to verify the statements
and claims made by the seller. The buyer is given
a specified period of time to request and verify information.
Buyers usually involve their attorneys and accountants.
Sometimes these consultants, in an effort to justify
their fee, take an overly critical position or in
an effort to protect their client, try to place unrealistic
terms on the seller. Capitol protects the seller while
not jeopardizing the transaction.
Structure the terms of the sale and prepare the
transaction documents:
The
terms of the sale can have a significant impact on
the seller. Capitol assists the seller in determining
what warranties and indemnifications should be made,
plus the terms of any note the seller may decide to
carry. Finally, Capitol uses an escrow company to
prepare the necessary transaction documents.
Capitol
Offers Three Different Ways To Sell Your Business.
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