What Will You Need to Sell Your Lifelong Investment?
You go to school many years to learn your profession. Typically you work for several years to obtain your skills and technique. Then the big plunge: you borrow money and go out on a limb to purchase a business or build one from the handle. Like most mechanics in a professional function, there is a right way, and there is a wrong way. You learn from your mistakes; some are critical.
The members of Forward Results LLC will address how to plan, operate, and exit your business. Each step taken should ensure exceptional customer care with bottom line results. There are explicit steps and information that are necessary to transact a buy/sell transaction.
The following information is necessary to build a package for presentation to a buyer:
Sound historical financial information.
A business assessment or full valuation.
The tax ramifications of your transaction defined.
An operational profile of your business.
Audited financial statements.
Clean facility.
Long-term employees dedicated to the business.
Having the right professionals involved is critical. You should consider engaging the following types of professional assistance:
An investment banker who understands how to place a value on your practice.
A certified public accountant.
Legal counsel to produce simple and concise buy/sell agreements.
A banker or private lender.
Strategic coach and advisor.
HR Consultant.
Risk Management advisor.
Financial advisor.
Let us help you tie up your plan. We have the advisors to assist with prompt and effective execution of your plan and associated processes.
