Steps in Selling Your Business with Brokers.Law

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• Make the Decision

• When is the time right to sell your business?

  • ​Personal decision, as you have invested your life, money and effort

  • Retiring

  • Generational Transfer

• Contact Brokers.Law or Brokers.Law will contact you regarding your initial inquiry within 1 day

  • Provide your business information to Brokers.Law for initial review

    • Business info – type, location, number of employees

    • Time horizon for sale

    • Gross Revenue

    • ​More details requested

    • Tax returns

    • P & L Statement with Net Benefit to Owner

• Financial, Valuation, Operational & Legal Assessment Process

  • Financial Documents Assessment

    • Brokers.Law will conduct a review your initial financial documentation provided

    • P&L, Balance Sheet, Cash Flow, 

  • Valuation Assessment

    • Our proprietary valuation analysis is completed

    • Conducted by a Certified Valuation Analyst

  • Operations Assessment

    • Brokers.Law will conduct a review of your current operational status

    • Business operations review from best (as we determine) Buyer’s perspective

      • Service Industry

      • Manufacturing Industry

  • Legal Issues Assessment

    • Brokers.Law will conduct a review of any previous or pending litigation that may affect the sale of the business

• Brokers.Law will review with Business Owner the estimated Business Valuation

• Brokers.Law Agreement

  • Upon Business Owner's approval, listing agreement for sale of business is written up for review

  • Services offered

  • Commission rate 

  • Agreement Execution

• Business Details for Listing of Business with Brokers.Law

  • Request documents and other information needed to prepare selling memorandum

  • What makes your business unique?

  • Create Selling Memorandum 

    • Summary of Business

    • Financial Opportunity

    • Growth Opportunity

    • Detailed Valuation Analysis

• Business Presented for Sell

  • Brokers.Law market business for sale with our proprietary buyer generator software, pinpoints prospective buyers

  • Review interested buyer inquiries, screen prospective buyers

  • Non - Disclosure agreements to PB who pass screening

  • Answer questions

  • If, warranted or necessary, arrange for phone, zoom, face to face meetings

• Offers / Letter of Intent

  • Brokers.Law review all offers and Letters of Intent

  • Brokers.Law completes due diligence on all prospective buyers to make sure that offer/buyer is legitimate contender for consideration

  • Brokers.Law will assist the Business Owner in determining which bid is best suited for acceptance 

  • Brokers.Law will bring all qualified offers to the Business Owner attention for consideration

  • Business Owner makes final determination of the winning bid

• Due Diligence Time for Buyer

  • Buyer has time to verify with their team the particulars of the deal

• Sales Contract

  • Brokers.Law prepares contract for sale

    • Best course for the Business Owner to control the terms of the sales

  • Our team of attorneys will lead in any negotiations or sticking points brought up by the buyer

• Financing The Deal

• Closing

  • Upon execution of the contract, Brokers.Law will assist in transfer of monetary thru our in-house escrow services, and in the transfer of assets

• After Sale Support thru the Transition