| With a vast variety of California Businesses for sale, your best guide for buying a business aren’t words on paper, it’s the competent presence of a qualified business broker. A business broker provides vital services for both buyers and sellers and acts as the “glue” for holding together the pieces of the business sale process. Here’s how a business broker from The Handley Group will work with you, the buyer.
When the buyer initially contacts The Handley Group the first thing our business broker will want to have filled out is a Confidential Purchaser Profile. This profile will ask the following questions of a buyer:
What amount of funds does the buyer have available to
buy a business?
Are the funds liquid?
What is the time-frame for buying a business?
What are the buyer’s expectations about the purchase of
a business?
What type of business would interest the buyer?
Will anyone assist the buyer in operating the business?
What is the desired income needed from the business?
What is the buyer’s prior business experience?
After this profile is completed our broker can then show the buyer businesses that are both feasible and that fit the buyer’s requirements. We will then lead the buyer through the following steps:
Since sellers are concerned about confidentiality, our broker will ask the prospective buyer to sign a non-disclosure or confidentiality agreement.
We will provide the prospective buyer with preliminary information about one or more businesses, including pertinent financial data.
We will arrange for the buyer to see businesses of interest.
Once the buyer has indicated strong interest in a particular business, we can then supply additional information and schedule further on-site appointments.
When the buyer is ready, our business broker will be the best source for answering questions, addressing concerns, resolving loose ends, discussing deal structure, and offering a business broker’s unique expertise in the business sale transaction. |
