The Steps Necessary to Sell Your Business!

The Consultation

At the meeting, the BIR Specialist will review the procedures for the sale of your company. You will be advised of all pertinent data necessary for the sale.

The Contract

With your understanding of the procedures involved, you and your BIR Specialist will execute a Letter of Authorization or Listing Agreement. This document allows BIR to proceed with the marketing and sale of your business.

Getting The Facts

Information concerning company history, financial status, and industry position will be assembled for the valuation. The Valuation The size and complexity of the business will determine the degree of analysis necessary to complete the valuation. In some cases, a written, in-depth report will be prepared to arrive at the value of your company.

The Business Profile

To properly market your business, the BIR Specialist will prepare a Business Profile. This is a document which will assist buyers in understanding and evaluating your business for the investment. Included in this presentation is the history of your company, description of its facilities, financial information, your reason for selling, and the firm's overall strengths. This information is treated with strict confidentiality at all times.

The BIR Network...

Once your business is ready to be marketed, its availability will be transmitted throughout the BIR Network. Through BIR's unique, computerized system, other offices will help find qualified buyers. The BIR Specialist's ability to access this network of offices allows for rapid and wide penetration of the market. No where else can your business get such extensive exposure.

Confidentiality

Your business listing is confidentially placed on our Website - without name, location or sometimes even product. The Website will give universal exposure so buyers throughout the world can learn of the business opportunity.

The Marketing Plan

Your BIR Specialist will also develop and execute a customized marketing plan. After determining the appropriate market, your business will be selectively and discreetly advertised in specific publications or presented through other outlets.

Qualifying Buyers

Your BIR Specialist will carefully screen all prospective buyers before they have access to any proprietary information about your company. A buyer's background, qualifications, experience, financial resources, and references will be examined. The buyer will also be required to sign a Confidentiality Agreement.

Structuring Transaction

Your BIR Specialist knows that price is only one factor in negotiating a sale. Through training and experience, this expert is fully qualified to lead these negotiations, offering assistance in such areas as creative financing, tax considerations, form of acquisition and many others.

Closing

Your BIR Specialist is experienced in closing transactions. Your specialist will work both with you and with the buyer's lawyers, accountants, bankers and other professionals to insure that everything is appropriate for the transition to new ownership.