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Selling a business is a
very complex endeavor, requiring significant investment in time and
energy, which could take from six to twelve months. That time and energy is
better spent operating your business, to maximize the selling price
at time of closing. A
professional business broker, such as JRI Associates, has the
expertise and resources to maximize the selling price of your
business, while minimizing the time required to close the deal.
During the entire
listing period, it is imperative the business operate optimally and
continue to grow. The value of the broker is in the following
activities:
Qualified Buyers—JRI Associates
will screen potential
buyers to allow only those who can ably purchase and operate your
business will take your valuable time to discuss the sale. More than 80% of those
responding to a business listing cannot qualify to purchase or
operate your business.
It is estimated that there are more than 4 million “buyers”
in the market today, chasing approximately 500,000 mid-market
businesses. JRI Associates insures the
buyers you will meet will be financially qualified and interested
and able to operate your business.
Confidentiality—The sale of an ongoing enterprise must
remain confidential to customers, suppliers, and employees. This
will result in no interruption of the business plan. A business broker will
develop a confidential listing and require all potential buyers and
professionals involved in the sale of the business to execute a
confidentiality agreement to protect not only the sale, but the
confidential business information that must be shared to affect a
transfer of the business.
Valuation—JRI Associates will provide a third party valuation of your
business to insure maximum value and quick sale. This valuation will be
extremely useful to you whether you ultimately sell the business or,
upon further reflection, you decide to keep the business and grow
it.
Business Profile—JRI Associates
will prepare a professional
offering prospectus to potential buyers who have executed
appropriate confidentiality agreements detailing the business, its
history and future.
This document will be prepared with input from and the full
cooperation of you, the seller.
High Success Rate—Despite the 4 million “buyers” in the
current marketplace, less than one third of businesses listed for
sale will close within one year. Utilizing BBNSM‘s
methodology and integrated network, our affiliates close business
sales at more than twice that rate. If necessary, we will work
with you to modify the business profile to improve the success of
the sale.
Proper Documentation—JRI Associates
will prepare all the
necessary documents, fulfilling all the needs required for an
uneventful closing. As
a BBNSM Affiliate, we have more than 20 years experience
in closing all types of businesses throughout North America. We will also work closely
with both the buyer’s and seller’s professional counsel to insure
that closing.
Reliability and Integrity—JRI
Associates will represent
you and your company with the utmost reliability and integrity
deserving of your business.
We will work hard to insure the selling experience is
seamless and rewarding to meet your ultimate career
needs.
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