Selling Your Business
Start by submitting a listing. Not sure about us? We have put together an 8 or 10 step process to assist you with the process. Still uncertain, call us and arrange an in-person interview – you interview us to see if we are a fit for your needs. We said we were just a little different than the rest of the marketplace!
Step 1 – Business Analysis
As your business broker, the first thing in our “How to Sell Your Business Strategy is to analyze your operation, finances, market potential and trends. We take that information and generate a business profile that represents your company in the most attractive way possible.
Step 2 – Structuring the Sale
We identify the best possible price range to sell your company. This is based on solid facts, the condition of the market, projected growth, sales potential and the sale of similar businesses within your industry. The Bridge experts apply sophisticated, time proven valuation techniques to ensure that your price is appropriate for the current market condition. The price must not be too high or too low. Yet, it must represent an attractive investment potential.
Step 3 – Confidentially Network the Sale
During the selling process, we utilize the latest technology to present your company to other business brokers and strategic buyers all over the world. This greatly multiplies the effort in your favor. With the Bridge Team of quality Business Advisors and Brokers, you have literally hundreds of industry professionals selling your company, yet your confidentiality is always respected.
Step 4 – Advertising Your Business – Confidentially
Our aggressive marketing program ensures your confidentiality and provides maximum exposure for your company. Your listing is placed in various industry databases, Internet sites, and publications which are constantly updated. We spend more money in advertising and marketing for buyers than most anyone else in our industry.
Step 5 – Bridge Controls the Information Flow
We organize all necessary documentation and release information only as needed. We use limited information when advertising to maintain confidentiality. Then buyers are pre-qualified and required to execute a confidentiality agreement before receiving any sensitive information concerning the sale.
After all, you don’t want your information scattered throughout the internet – we don’t either!
Step 6 – Our Goal is to Create Competition for Your Company
We attract thousands of buyers, creating competition for your business. Buyers are qualified for financial ability to meet the offer. We will then reduce that number to only the most qualified buyers. Once you meet the best of the buyers, we urge them to prepare and present all offers. Many times, a negotiation is doomed to fail because of lack of proper qualifying. As your business broker, we can also approach and continue to track potential buyers without weakening your position.
Step 7 – We Negotiate for You – We Want You to Achieve the Best Possible Price
Appropriate negotiation is crucial to achieving your best price and terms. We have the expertise to establish sound and resourceful negotiating techniques on your behalf. Transworld has trained all of its agents in the art of negotiating through the curriculum that we have created specifically for our industry. Never negotiate without planning, expertise, or from a position of weakness.
Step 8 – Bridge Provides Exceptional Support Through the Buyer’s Due Diligence Process
We take pride in our exceptional service. Only half of the job is finding the right buyer who will pay your price and meet your terms. The other half is getting that buyer to the closing table. We manage the deal, working with the accountants, lawyers, banks, landlords, and other third parties that could jeopardize the success of your sale.
Step 9 – We’re there – From Start to Finish – From Qualifying to Closing
We help manage all administrative procedures, licenses, inventory counts and lease assignments that may be required. Bridge works closely with your advisors to ensure a smooth transition. Using the latest technology, we strive to be ready to work on your behalf to get the deal done!
Step 10 – We’re Also There for the Transitional Phase
We are part of the community. You may want to consult us at any time after the sale. We will provide you with the assistance you may require after the closing. The Bridge Team will always be in your corner!