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Seller Representation
Thinking about Selling your Business?...
There will come a time when you are contemplating selling your business. The Sale of a Business can be an extremely complicated event, however you do have two choices in the matter:
1. Sell it as “For Sale by Owner”
2. Engage a Business Broker.
VENTURE BUSINESS CONSULTANTS, LLC provides services for both scenarios, therefore its opinions of each are not subjective in nature.
The deciding factor for you is “what level of importance is placed on selling your Business in a timely manner at a reasonable price?”
For Sale By Owner:
SAVING THOUSANDS OF DOLLARS in commission may be a great incentive for wanting to sell your own business, however selling your own business is not as easy as you may think. It can be an extremely stressful and complicated event. If you possess most of the following personality traits and attributes, you may be a good candidate for selling your own Business thereby requiring only minimal outside help.
- Good people and negotiation skills.
- Must be tolerant and patient.
- Have available time to interview potential Buyers.
- Have answers for all buyer due diligence inquires.
- Possess strong financial skills to minimize professional fees.
- Possess good marketing skills to advertise your Business.
Venture Business Consultants provides SERVICES TO ASSIST YOU IN GETTING STARTED. Our main objective is to IMPROVE THE VALUE and MARKETABILITY of your Business. First, we perform a basic assessment on the Business as a whole and THOROUGHLY INSPECT YOUR BOOKS & RECORDS, IDENTIFY ANY PROBLEM AREAS, then propose any adjustments to you or your Accountant. After performing our Due Diligence exam which includes financial and non-financial related areas, we PRICE your Business accordingly. And finally we provide the conduit in which to market your Business. Most deals
will usually
fail during the due diligence process because of inadequate books & records and mistrust between the parties...not in our case, VENTURE BUSINESS CONSULTANTS, LLC ANTICIPATES BUYER CONCERNS, and increases the level of trust between you & the buyer, it is our obligation.
Taking the time necessary to sell your own Business may hamper your ability to successfully manage it. Make sure you have the time!
Engage a Business Broker:
Make sure you choose a BUSINESS BROKER that provides VALUE ADDED SERVICES. Using the analogy of having a Real Estate Agent sell your home, in addition to the agent's professional real estate expertise, he/she also possesses residential construction and interior design experience. Your home would most likely sell at the top end of its range because this particular professional was able to provide you with VALUE ADDED SERVICES. This agent knew how to properly stage your home and make the necessary repairs so that it would appeal and meet prospective buyers' expectations.
At Venture Business Consultants, LLC we provide VALUE ADDED SERVICES to our
clients. We assess the marketability of your Business prior to placing it in the marketplace. During our initial consultation, we DO NOT “Promise you the Moon” or provide you with
an overstated Price on your Business just to get your listing. As a matter of fact, we can't accurately Price your business until we have reviewed all relevant data necessary to assess the level of marketability of your Business. Venture Business Consultants, LLC separates itself from its counterparts by selecting Businesses that have
marketing potential. It is our obligation to maximize the marketability of your Business.
Venture Business Consultants, LLC will assess the degree of marketability of your Business by utilizing specialized techniques. We will inspect your books & records, make recommended adjustments and consult with your CPA to make those adjustments to properly reflect the Financial Condition of your Business. We will even take the time to convert your books & records to an accrual basis for Pricing purposes only. We find additional value for your Business by ensuring your books and records are accurate. Poor books & records will de-value your Business and its marketability.
We then analyze the financial performance of your Business by using certain key financial ratios and compare the results to industry standards.
We contingency plan for concerns a future buyer may have including your willingness or unwillingness to finance part or all of the sale. We strategically plan for the sale of your Business, and take the time to do it right. We are paid on a Commission Basis.
For more detail, Call our Office or click the “Contact
Us” button located on This Page or the Home Page.
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