You know all the hard work, decision-making skills, and dedication that was required to make your business a success. Choosing MBA to sell your business will allow you to continue to focus on your area of expertise - managing your business.
Business owners decide to sell for various reasons ranging from retirement, illness, relocation, or just wanting a change. Whatever the reason, and whatever your goals may be, we promise to provide you with the professional services that you expect.
OUR PROCESS AT MBA IS AS FOLLOWS:
1) Meet with the owners, directors and advisors to understand the business, its goals, and priorities. We will also discuss marketing strategies, explore target markets, and answer any questions you may have about the marketing process.
2) Gather key company information to demonstrate value to prospective buyers while providing you an opinion of market value and most probable sales price.
3) Compile a database of industry prospects, including competitors, suppliers, and customers to go along with an existing data base of private equity groups, high net worth individuals, attorneys, bankers, CPAs, and other potential purchasers.
4) Prepare a Blind Profile to highlight and market your company without revealing its identity.
5) MBA will actively call, mail, and personally visit the list of prospects to present the opportunity, while also listing the Blind Profile on several web sites. During this process, MBA will solicit feedback, ask for additional prospects, conduct screening procedures, and arrange for Confidentiality Agreements to be signed.
6) When the Confidentiality Agreement is signed and returned, we will get your permission to deliver the Offering Memorandum providing more detail to the prospect.
7) Follow up with interested prospects to arrange corporate visits and to solicit letters of intent.
8) Review all qualified letters of intent with the principles to obtain feedback. Provide this feedback to the prospective buyer to help them position themselves for the best possibility of completing the acquisition.
9) Coordinate and conduct negotiations between all parties to the transaction including the buyer, seller, vendors, accountants, legal advisors, banks, and other agents while moving the process towards a closing.
10) Assist all seller and buyer advisors in the coordination and preparation of the contracts of sale and any other documentation required to provide an orderly and timely close.
MBA will strive to create an environment of trust between all parties while providing you with the expertise and personalized customer service that you expect and deserve during this transition.