Selling
your company is
a very important and complicated decision with a lot of money at stake. You can
earn a lot, or you could leave a lot on the table. Each Independent Business
Intermediary within The Maxbizvalue® Network has been professionally trained to
aggressively sell your company for the maximum value and the best terms.
Understanding the market and staying ahead of the curve are important factors
when selling your business. We keep up with new resources and utilize the
latest technology to your advantage. We keep a keen eye on the economy, identify
changes in market trends, and know where to find the best and most qualified
buyers in the market.
How much can I get for my company?
It depends on your company (strengths, weaknesses, revenue, barrier to entry,
niche, etc.) the economy, the market, timing, your negotiating leverage, and
other variables. Your Maxbizvalue® Network Business Intermediary will assist
you in valuing your company to ensure you get the best price and terms. A Formal
Valuation is usually recommended because it will show potential buyers how much
your company is worth and it will allow your Intermediary to achieve maximum value and
terms when selling your company. It also supports your Intermediary’s ability to
defend your asking price during negotiations. Studies have shown that companies
with a Formal Valuation often get offers as much as 20% higher than companies
with no Valuation.
How long will it take for my company to sell?
This depends on the same factors as above. When a qualified buyer is found, it
could take from one to three months to work through negotiations and complete
the details of the transaction before ownership is transferred. Once your
Intermediary
accepts the engagement to sell your company, he or she will meet with you to
learn all about your company. After gathering research on your company, your
market, your financials, etc., your Intermediary will then professionally ‘package’
your company by writing an ‘Offering Memorandum’ and posting confidential
advertisements both locally and on the top national business brokerage websites
and begin to search the market for the best and most qualified potential
acquirers for your company. Both you and your Maxbizvalue® Network
Business Intermediary share a common goal—to sell your company quickly and for the
best price and terms.
What types of companies do your Business Intermediaries sell?
Regardless of what industry you
are in, your Maxbizvalue® Network Business Intermediary can represent you in a
professional manner and attack the market to ensure solid, qualified buyers are
brought to the table. Your Intermediary has been professionally trained to represent
you throughout the entire transaction in a strong and professional manner.
What steps are involved in selling my company?
Before your company is
brought to the market, comprehensive research is performed: how you operate, who
your customers are, who your competitors are, how you derive revenue, what your
net income is, etc. For larger companies, it is likely that a Formal Valuation
will be recommended to determine the true value of your company, allow a strong
defense of your asking price, and to get the most money for your company. Your
Intermediary will prepare an ‘Offering Memorandum’ which will describe your company in
the best light, and then put your company on the market. Once your company is
on the market, your Intermediary will screen potential buyers to find the ones who are
qualified and serious. Those buyers will be presented with the opportunity to
acquire your company. If more than one offer is put in for your company, your
Intermediary will enter into negotiations with the buyers and accept whichever offer
you choose. Your Intermediary will handle and oversee the transaction details and set
up the closing. Your Intermediary will work closely with you to ensure that your goals
are being met, and he will keep you informed of what is happening every step of
the way.
Do
you ensure that the sale is confidential?
When selling a business,
confidentiality is extremely important. Your Maxbizvalue® Network Business
Intermediary has been trained to market your company to a sea of buyers while
maintaining strict confidentiality. Limited information about your company will
be released only to buyers who have signed a Non Disclosure Agreement and Buyer
Profile Form. If the buyer meets stringent credibility and financial criteria,
then your Intermediary may release additional information. Your
Intermediary will also show
you how to keep the transaction confidential from your employees, customers, and
competitors.
What if I’m not ready to sell and instead want to grow my company?
Your Maxbizvalue® Network
Business Intermediary can assist you in growing your company and increasing
revenue by acquiring a like company or competitor. Growth by acquisition is a
way to utilize synergy to quickly increase your market share and revenue. Your
Intermediary can help you determine what type of company is best for you to acquire
and they will search the market to find your target company and assist you in
the transaction.
What is the Maxbizvalue® Network?
The Maxbizvalue® Network
was created by Ben Bulot, President and Senior Business Advisor of Maximum
Business Value, LLC, a professional merger & acquisition firm. We
train qualified individuals in all aspects of business Intermediary so they can
successfully represent you during the sale of your business. Maxbizvalue®
Network Business Brokerage are Independent Intermediaries who know how to use
today’s technology to increase the chance of selling your business quickly and
for the most money. They keep up with changing market trends and the local
economy to have the best understanding of your market. You simply continue to
run your business as normal while your Intermediary handles all of the details.
Click the About Us button below to learn how a Maxbizvalue®
Network Business Intermediary can assist you in meeting your business goals.