Business Broker Services for Small Business
Selling a business can be a complex process that requires significant forethought and experience. Whether the process is profitable or not will depend on the timing of the sale, the strength of business operations, financial performance, and most importantly, the business broker you choose. A business broker facilitates the sale of a business from start to finish so that owners can focus on what is most important – running the business itself.
Although required, experienced business brokers that deliver value and prioritize confidentiality specifically for small to medium-sized businesses are hard to come by. After hundreds of transactions and over 40 years of combined experience, Beacon’s business brokers understand these main street businesses better than anyone.
What are Beacon’s Business Broker Services?
What is Beacon’s Business Broker Focus?
What is Beacon’s Business Broker Process?
Step 1: Valuing the Business
Step 2: Marketing the Business for Sale
Once the valuation is complete, our business brokers start to market the opportunity for sale. Prospective buyers are given a Confidential Investment Memorandum (CIM) – a document prepared by the business broker to provide an in-depth understanding of the company’s operations, competitive advantages, and financial health. At this stage, our brokers will ensure that news of the sale remains confidential so that staff, customers, and suppliers find out only when you are ready.
Step 3: Negotiating the Sale of the Business
Business brokers that work with Beacon are particularly skilled at screening potential targets to a level where zero time is wasted in discussions with the wrong group. After receiving multiple Letters of Intent (LOI) and signed Non-Disclosure Agreements (NDA’s), our team pinpoints the best buyer for the business as quickly as possible. When it comes time to close the deal, there is little left to negotiate except for transition, timing, and price.