We start with a business evaluation and analysis. It is very important to supply you with sufficient data so that you can correctly determine your listing price. You don’t want to overprice the business as it may not sell, but you also don’t want to leave any money on the table either. Infinity Business Brokers offers our business evaluation services free of charge to all of our clients.
When you spend time preparing your business for sale (instead of quickly listing it) it will pay off in the end.Preparation both increases the chances of selling and the conditions of the sale for the business owner. We work very closely with business sellers gathering all necessary information, preparing the Business Profile and re-casting financial statements. We work with you to present your business in the most attractive way.
The way we advertise varies greatly depending on the business type, size and geographical coverage. The majority of our businesses are advertised through internet business listing services, networking and mining our database. However, sometimes we might need to advertise with trade magazines or contact potential buyers directly. We will create discreet, yet descriptive advertisements and we will determine the best advertising strategy/advertising media for each client individually. You do not pay for any of our services until your business is sold.
Having an intermediary (like a business broker) involved is very important for preserving the confidentiality of the transaction.You do not want potential business buyers questioning your employees, vendors or customers for information about your business operation. It may damage your business by causing vendors to revoke credit terms, send employees looking for new employment, etc. Infinity Business Brokers will never reveal our client’s identity or the identity of the business itself until the buyer has been properly screened and the proper confidentiality forms are signed.
Most buyers inquiring about a business for sale are not qualified to buy it. At times hundreds of buyers will inquire about your business. If you had to entertain all of those inquiries how much time that would waste? It is very important to pre-qualify every buyer early and eliminate unqualified individuals. We pre-screen every single buyer, thus saving you a lot of time.
We keep meticulous records including every email that is sent or received on your business, plus every confidentiality agreement that is signed.This information is stored and backed up in a secure manner.
Almost all business owners try to minimize their tax liability. Sometimes small business owners charge their personal or family expenses to the business - there are many examples of this practice. It may work to their benefit while running the business; however, it works against them when they have decided to sell. When selling, you’d like to show as much income as possible, thus increasing the purchase price. We do all of the necessary adjustments to your financial statements, reflecting correct and unbiased performance of your business. Our business intermediaries will professionally prepare a confidential Business Profile, recast financial statements and compile all necessary information about your business that may be required by buyers.
A properly orchestrated negotiation really can make the difference between a successful deal and no deal at all.There may be a lot of tension when people discuss money or even business operations and a simple misunderstanding may cause termination of a deal. Having a business intermediary as a neutral third party mediating your negotiations will bring a calm, business-like atmosphere and assure a successful outcome.
After the purchase agreement is executed by both parties the businesses transaction of sale is finalized through escrow.The escrow will be held by a 3rd party unless otherwise agreed upon. We can recommend our preferred service providers.