Business For Sale Toolkit
If you choose to use a business broker, you need to know that:
Only you can properly document your business prior to selling it.
You need to know what they charge.
(click
here to see a typical fee schedule)
You need to know that their fees may be negotiable, particularly if you walk in the door prepared.
You need to know that there is an inherent conflict between you and the business broker; much the same as when listing your house with a real estate agent. Your objective is to receive the highest price for your business. The broker wants to sell your business as quickly as possible, with the least amount of effort and is inclined to believe that the lower the price, the quicker he will be paid.
The Business for Sale Toolkit provides you with the tools used by business brokers to sell your business by yourself. This software trains the user in the complexities of the business sales process. Knowing what to do and when to do it is a daunting task when selling your business and we guide you through every step of the business sale process.
No doubt, you have seen numerous small business plan software offerings, but few if any are really designed to prepare the small business owner in the subtle nuances of business valuation and proper sites for submitting business listings. We also offer sample forms to support your marketing efforts including: confidentiality agreements, non compete agreements, non disclosure agreements, (NDAs) and other forms necessary to support the company sale.
Selling a business is a time consuming task and we help you to fully understand the trade-offs between selling the business yourself or turning the business listing over to a business brokerage with numerous companies for sale. We show you how business agents are compensated. We also help you to determine when your business might benefit from a formal business appraisal to properly estimate the value of your business.
Although the small business sale process is not as complex as a mergers and acquisitions level transaction, there are numerous pitfalls that can be avoided by using our Business for Sale Toolkit.
The Business for Sale Toolkit was designed to be used by the business owner that is ready to sell today. The product's tutorials are designed to guide you through the data entry process to create a business disclosure statement, recast your past three years of income statements and year to date performance and then recast your most recent balance sheet. It will also guide you through the completion of the business assessment factors that describe the operating conditions of your business and the environment you operate in.
Using the Business For Sale Toolkit, You Will:
- Have a thorough understanding of the business sale process
- Avoid the negative impact of inexperienced brokers
- Be able to create a market for your business with multiple potential buyers
- Be able to know what to expect in advance and be equipped with effective strategies to act to your maximum advantage
- Learn tactics to keep your exit activities confidential from competitors and employees
Topics addressed in Business For Sale Toolkit include:
- Business Valuation
- Buyer Feasibility Test
- Business Disclosure Documents
- SDCF - Seller's Discretionary Cash Flow
- Recasting Financial Statements
- Rule of Thumb
- Stock Sale
- Asset Sale
- Asset Allocation
- Due Diligence
- Non-compete Agreement
- SBA Financing
- Owner Financing
- Closing
To try the Business For Sale Toolkit, click here
