Free Services for Buyers
Free initial consultation for Sellers
The process of selling a business can be a very rewarding and productive
experience. Venture Group Business Brokers gives 110% to ensure
that it's clients reach their goals. The process begins with a preliminary,
no-obligation meeting that is scheduled at the Sellers convenience,
usually at his/her place of business. VGBB and the Seller can become
acquainted with each other and exchange general information. Then
an evaluation is performed to provide the Seller with a price range
which he/she can expect to receive for the business. The information
required to analyze and evaluate the business includes the following:
Three to five years of detailed and current financial statements,
including income statements, balance sheets, and income tax returns.
List of furniture, fixtures, equipment, inventory, trade names,
patents, and other assets to be transferred with the business. Real
property and equipment leases. Any other contractual relationships
of the business. Other information which will affect business operations.
The Seller and VGBB work together to establish the asking price
and terms for the business. A contractual agreement is entered into
between the Seller and VGBB which gives VGBB the right to market
the business as the Sellers representative for a specified time
VGBB will develop and implement a marketing plan unique to the business
and propose a package to target prospective Buyers.
The Seller is responsible for maintaining or improving the value
of the company by attending to daily operations. He/she is also
responsible for providing updated and/or additional information
required by buyers.
VGBB will schedule all showings, conduct negotiations on behalf
of the Seller, provide contract forms, coordinate professional advisors,
help to satisfy contingencies, and supervise the closing. At the
closing, the Seller receives his check.
- such as pricing
and structuring advice, preparation of documentation and marketing
profile, advertising and networking, buyer qualification, education
and screening, offer preparation, negotiation and closing assistance.
Broker Representation to include buyer education; buyer interviewing
and profiling to include buyer needs, interests, goals, ambitions
and capabilities; financing assistance and representation during
the buying process.
to include preparation of evaluation reports to establish the value
of a business for buyers, sellers, estate and gift planning, financing,
retirement planning, tax purposes or share-holder interests.
- Performance of local
and national searches to locate businesses that meet buyer criteria.