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Whether or Not to Sell the Business:
Every business owner, entrepreneur or major stockholder comes to a decision point on whether or not to sell the business - we call this "Exit Strategy Time" The reasons run the full gamut - for retirement, health reasons , a need to have someone else take the company to the next level, or you just want to go enjoy life and enjoy the fruits of your success.
We undertake a comprehensive strategic review and analysis of each client to determine the specific metrics that will influence value, and then position the client so as to maximize those values with potential buyers or investors.
For other business owners the acquisition of a company or bolt-on product line is a business option worth considering and acting on.
Whichever direction is taken, most business owners are unfamiliar with "the process" and all the steps that have to be taken - not only to do it right, but ensure that what you do is successful in the end.
Selling a business requires an "Exit Strategy". Call us to begin talking about yours. We can advise you on what things need to be done in preparation for selling the business.
Selling a company is a complex process that requires preparation, the art of negotiating with buyers and intimate market knowledge. We at Hartford Business Partners have that expertise to package the company for sale, locate a qualified buyer, and follow through the complicated steps of due diligence, financing, and then take the deal to the closing table - all in complete confidence.
When you give HBP the engagement to sell your company we will:
- value the company for you - provide a range of values.
- prepare the "black book" Seller Profile Summary.
- actively market the company confidentially.
- screen all buyers.
- bring you qualified buyers.
- obtain your selling price.
- work with legal counsel to prepare Purchase & Sale Agreement.
- develop the due diligence list.
- locate any required financial resources for buyer.
- work with counsel to close the deal.
- structure a smooth transition and post sale implementation strategy.
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