Selling a business is a process. From building a team to closing a sale, this process could take up to a year. Even with an eager buyer, negotiations typically play out over many months.
Negotiating the sale of a business may be one of the few circumstances where it is best to recruit outside assistance. Even for the business owners who claim to know many potential buyers, an Omaha business broker like Results Business Advisors can provide expertise that leads to a successful sale. Not only do we have trusted points of contact, knowledge of business synergies and experience selling — or buying — similar businesses, but our Omaha business brokers allow a CEO to keep some focus on running the business during a critical time.
In addition to a business broker, an accountant and lawyer will likely be needed during a business sale process. The seller will have to assemble a mountain of paperwork, including a business overview, client and supplier contracts, confidentiality agreements, insurance policies, relevant compliance reviews (environmental, occupational safety), an up-to-date balance sheet, and at least the last three years of profit and loss statements and corporate tax returns.
The processing of selling a business requires a team of experienced professionals. Starting with an Omaha business broker, a successful sale will be on the horizon. Contact Results Business Advisors in Omaha to begin assembling a team of experienced professionals for a successful sale.