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FAQ
Contemplating buying or selling a business and have no idea where to begin? Here’s a list of some of the questions you might have about the process. If you have any additional questions, please get in touch.
1. What experience do you have in selling businesses similar to mine?
A: I have experience in a variety of industries. I specialize in ROI, speed, quality of service and attention to detail. With these principles, we can find a great deal in any industry.
2. What is your marketing plan for my business?
A: We customize marketing plans per business. There is no cookie-cutter plan that works every time, but we find the best avenues and hit them hard.
3. What is your commission rate?
A: My commission rate is negotiable, and I will work with you to find a rate that is fair and reasonable.
4. How long does it typically take for you to sell a business?
A: The time it takes to sell a business varies depending on the industry, size of the business, and other factors. However, I have a track record of selling businesses faster than industry average.
5. How do you qualify potential buyers?
A: I qualify potential buyers by requiring them to sign a confidentiality agreement and provide proof of funds. I also conduct background checks on buyers to ensure they have the financial means and experience to purchase your business.
6. What is your approach to negotiating the sale of my business?
A: My approach to negotiating the sale of your business is to act as if the business is my own. Your input as the owner matters above most and we do our best to make sure you're taken care of first.
7. How do you handle due diligence?
A: During due diligence, we will review financial statements, tax returns, contracts, leases, and other documents related to the business. We may also conduct interviews with key employees and customers, review marketing materials, and inspect the physical assets of the business.
8. What sets you apart from other business brokers?
A: What sets me apart from other business brokers is my commitment to my clients, putting their business first, being small, boutique, and able to adjust quickly to new information.
9. How will you communicate with me throughout the sales process?
A: I will communicate with you regularly throughout the sales process, providing updates on potential buyers, negotiations, and the due diligence process. I am always available to answer any questions or concerns you may have 24/7. I return calls made by 5pm EST the same day.
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