We start by collecting important documentation from you including tax returns, financial statements, and other pertinent information. We assess the specific characteristics of your company and determine how best to communicate those to a potential buyer.
- Obtaining financing
- Helping them understand how the cash flow of your business will impact their ability to pay back financers once they have taken possession of the business
- Helping them to understand their potential Return On Investment (ROI)
To help make the process as smooth as possible, consider gathering the following documentation right away:
- 3 to 5 years of federal income tax returns
- 3 to 5 years of year-end profit and loss (P&L) statements
- 3 to 5 years of year-end balance sheets
- Franchise Agreement (for franchise businesses)
- List of furniture, fixtures, and equipment (FF&E)
- Estimate of inventory value and/or work in process value if applicable
- Any existing leases including leased space, and any leased equipment
- Property records, taxes, and last appraised value if real estate is owned
- List of any business debts
Contact us today for a complimentary consultation to discuss the value of your business and whether it’s the right time to sell. Call (614) 452-4060.
The experienced professionals at the Columbus Dayton Cincinnati (OH) office will be with you each step of the way when answering the challenging questions of “how to sell a business.”
Murphy will be with you from the business valuation to preparing it for sale, then finding and qualifying prospective purchasers, and lastly managing the process to a successful closing.
The Columbus Dayton Cincinnati (OH) office services the following areas: South Columbus, Dayton, Cincinnati and everywhere in-between.
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