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Sell Your Business | Phasecorp Mergers and Aquisitions Services in Chicago and Suburbs |
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Phasecorp's 10 Steps to Selling Your Business: - Determine the market value of the business
- Prepare the business for sale
- Publish business briefings
- Market the business
- Pre-screen prospective buyers
- Facilitate meetings and negotiations
- Prepare all necessary agreements
- Facilitate due diligence
- Close the transaction
- Transfer possession
Phasecorp helps business sellers maximize the value of their business. Our Consultants identify hidden business values, build marketing strategies, contact qualified buyers and match business sellers with the right buyers. Our Consultants help business owners in understanding all parts of the transaction and successfully completing the sale. | |
Phasecorp Business Consulting Group offers: - ongoing guidance to sellers during a deal that makes all processes easier.
- a personal consultation to individuals interested in selling a business. The consultation assesses a seller's needs and goals and determines best-fit opportunities.
- expertise selling businesses in a variety of industries we serve.
- an experienced mergers and acquisitions department.
- the Phasecorp Business Broker Advantage.
How to Sell a Business
If you are looking for information on how to sell a business, here is a quick summary of the steps that are usually required. Selling a business is a much more involved process than selling real estate. It takes a specific set of skills to properly sell a business to get a fair value. Read more
| | Why Selling Your Business
The process of selling your business is usually similar for many people – get your business ready to be sold, talk to a business broker and have them help you find a buyer and complete a transaction. There are, however, many different reasons why someone might consider selling a business. Read more
| | Role of Business Brokers
There are many reasons to use a business broker when selling your business. The most basic reason is they are in the business of selling businesses. They will market your business and help to get prospective buyers to look at your deal. Read more
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Confidentiality The confidentiality of the business owner and the prospective buyer is strictly maintained. To obtain a detailed profile of a business listed for review, the prospective buyer must submit a buyer-profile form. Business profiles do not provide the name or location of the business. In order to obtain this information, a personal or corporate financial statement must be presented. When proof of financial competence to meet the down-payment requirement is provided and a Confidentiality Agreement is signed, all relevant information concerning the business is then placed at the disposal of the buyer. This typically includes financial statements, tax returns, equipment lists, discretionary cash-flow statements, and other documents that may be applicable. The confidentiality of the business, business owner, and the buyer are all strictly maintained. Business owners or prospective buyers can visit our contact page to request more information.
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