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Selling
a Business |
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Whatever
the goals for selling your business may be, the venture is best handled
by professionals. We have the training and experience to guide you
through the complexities of the process in a comfortable and efficient
manner. We also coordinate the efforts of your professional advisors,
such as attorneys and accountants.
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During
the process, your job is to continue running your business, maximising
its profitability and “presentability” as if you were going to keep
it. Our job is to confidentially market your business, find the right
buyer, and to represent you in negotiations. |
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All
prospective buyers are required to meet certain standards, one of which
is confidentiality. All prospects are screened before a business for
sale is disclosed to them and must sign a non-disclosure agreement to
ensure that they will not divulge any information until the appropriate
time Also required is a Buyers’ personal financial statement (PFS) and
evidence to show you that they have the means to buy and operate your
business successfully. |
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Our
marketing and presentation of businesses is of the highest calibre,
helping move the sale ahead to its conclusion. Yet, no business is sold
until the paperwork is complete. As last minute details can result in a
lost sale, when the deal or negotiations come to a deadlock, we will be
there to help find a solution.
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for the sale of a business the seller will have to prepare the following
key documentation:
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- 3-5 years of tax returns and financial statements
- key employee agreements
- key customer and vendor lists
- copy of the lease agreement
- list of accounts receivable
- list of accounts payable
- corporate records
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documents will be required as the sale progresses.
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| Prospect
for international buyers:
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You
may list your business for sale on our website and be assured of total
confidentiality while marketing your business through Abco International
to a local and international market of buyers.
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