Selling a business can be a time-consuming process packed with headaches. It doesn’t have to be. Deciding to sell your business is the easy part; how to go about it is another issue altogether. Setting a price, advertising, negotiating with a prospective buyer, and various administrative and financial details need to be addressed in the process. Also, most accounting records and tax returns in a privately held company is done to minimize tax obligations and may not portray the company in the best light; we are trained and experienced to deal with this situation.
The T Smith Group can provide or assist in the following areas:
Ø Confidentiality – We can market your business without employees, customers or competitors knowing that it is for sale. This is important to the smooth continuation of the business during the selling process.
Ø Time – We can save you time and frustration when it comes to selling your business. We can guide you through every aspect of the selling process – from arriving at a fair market price to handling financial arrangements and closing the transaction. We are good at what we do.
Ø Marketing – Approximately 20% of all businesses change hands each year. Because so many businesses go on the market each year, selling them is a competitive ordeal. We can expose you business to prospective buyers, not only in the local area, but also throughout the United States; thus securing qualified prospective buyers.
Ø Negotiations – Determining the right price is crucial. We’ll help you arrive at a fair market price that you can feel good about; because we know the prices of similar types of businesses in addition to trends at work in the market.
Because we screen all inquiries, then schedule buyer-seller meetings only with serious prospects at a time convenient with you, you receive the combined benefits of convenience and confidentiality.
We assist in negotiations in a professional manner that keeps the business issues clearly in focus, rather than clouded by emotions and/or personalities.
Ø Success – We are trained professionals who are aware of your needs concerning the sale of your business. Whether you are ready to sell your business now or are just beginning to think about it, call us for a confidential, no cost appointment and business evaluation. We will be happy to answer any questions you may have.
We can make selling your business a successful, rewarding experience from your first meeting with us to the day you turn over the keys to the new owner.