Transworld Business Advisors Cleveland West – The Process of Selling a Business
To successfully sell your business, it is important that the proper steps are followed. At Transworld, we set the standards for the sales process over our 40 years of experience selling thousands of businesses. We have broken it down into 4 phases which are:
1). Preparing the Business for Sale
2). Confidential Marketing Campaign & Marketplace Listing
3). Buyer Screening, Due Diligence, and Offer
4). Closing
In each of the phases, there are critical steps to complete and must be followed in proper order. See the chart below...
Why Partner with Transworld to Sell Your Business?
With our knowledge and experience of buying and sell multiple types of businesses, it is easy for us to know the next step and balance all of the external factors for you.
In the sales process, you have a buyer, a seller, and a landlord, and each of these parties will have professionals advising them on their transactions and communications. See the chart below…
Contact Us to Learn More
If you are considering selling your business we make the process easy. Simply call Mike Snider at 440-628-4440 or email Mike at msnider@tworld.com Mike will conduct a confidential preliminary discussion with you to ask some of the following basic questions:
- How long have you been in business?
- What industry? What does your business do?
- What size is your business? Estimated Annual Revenue?
- What is the profitability? Estimated Annual Net Income?
- What is the reason for selling?
- What type of entity, and who are the owners?
After the brief exchange of information and if there is mutual interest, a free no-obligation consultation will be offered. We prefer to do this face to face at a confidential location, but during social distancing, we offer confidential online meetings as well.
That's all, at the Free consultation meeting we will be able to provide additional information on the Transworld selling process and free information on the opinion of business value.
Call or email Mike Now: 440-628-4440 msnider@tworld.com
