Liberty Business Brokers of Ontario provides a full range of professional services for both buyers and sellers.
We will develop a customized eight-step Marketing Plan to insure the successful and confidential sale of your business.
The first step towards the successful sale of your business is an objective analysis of its strengths, weaknesses and industry trends. This would also include an evaluation of current market conditions in Southwestern Ontario.
To fully understand the issues unique to your business, we welcome the opportunity for an in-depth discussion. Our goal is to present your business in the most attractive, realistic light possible to qualified prospective buyers.
2. PRICE AND CONDITIONS:
Establishing a sales price can be the most challenging aspect for business owners and brokers.
Unfortunately, motivated by wishful thinking and unrealistic promises, owners and other brokers often set inflated prices that discourage qualified buyers from seriously considering the business.
Liberty Business Brokers of Ontario will not play that game. We will provide a professional pricing strategy based on your estimation of your company's worth and our office's experience with actual sales. This will include the actual sales price as well as a down payment amount and the recommended terms.
Through our confidential systems and procedures, your business will be immediately available for review by both local and national buyers.
We utilize a multi-layered approach:
1. Established Network:
We have cultivated a vast network of people with whom we already have a relationship, many of whom have either bought or sold a business in the past. Thus, we may already know the buyer for your company.
Confidentially contacting potential clients who may be interested in growing their business through an acquisition can often generate solid prospects. And by utilizing our proven method, we are able to confidentially determine who may be a legitimate purchaser.
Our web-site is designed for buyers who are interested in Ontario business opportunities. We include general descriptions of our listed businesses, the prices at which they are offered , and their cash flow.
4. National Web-sites
We are strategically aligned with three nationally recognized award-winning web-sites that are targeted towards business owners and people who are looking to purchase businesses.
5. National Journals and Publications
When applicable, we can target various national and category specific journals and publications which are best suited for finding a buyer for your business. This can significantly broaden your base of prospective buyers.
4. BUYER QUALIFICATIONS:
Separating serious buyers from curious "lookers" is an art. We will make every effort to confirm a buyer's financial ability and interest before we introduce your business to them. To maintain confidentially, all prospective buyers must provide background information about themselves and sign a Non-disclosure Agreement before introducing your business to them.
5. INTRODUCING YOUR BUSINESS:
Proper handling of this crucial step can mean the difference between success and failure. We will create a comprehensive file on your business which includes an overview of your business, your Tax Returns, Profit and Loss Statements, copies of all leases, key employee profiles, equipment lists, etc. Early, full disclosure of your business' strengths and challenges, coupled with a responsive appreciation of a buyer's concerns, will open the door for further discussions.
Our "win/win" approach to negotiations will greatly enhance your ability to sell your business. Our techniques have been proven through numerous completed transactions and satisfied clients. We also recommend both parties consult with accountants and attorneys to ensure an Agreement to Purchase document that is based on practical applications of legal and tax issues.
We utilize clear, concise documents that have been reviewed by transaction attorneys which are designed to protect both the buyer and the seller.
8. CLOSE OF SALE:
Following the execution of the Agreement to Purchase, we will oversee the closing preparations, arrange any necessary meetings with attorneys, and follow-up on post-closing procedures.
We want to assure you that not only will you be able to count on the Marketing Plan outlined above, but you can be assured that Liberty Business Brokers of Ontario. will professionally work to ensure the successful sale of your business.
We utilize similiar steps as those outlined above for our clients who are interested in buying a business.
Either way, whether you are a client who is selling your business or a client who is buying a business, we firmly believe that an informed client will be a satisfied client.