The 10 Step Process At Nedrow Business Advisors

NEDROW BUSINESS ADVISORS (NBA) STEPS OF THE TRANSACTION PROCESS

The Process: From the initial contact with Nedrow Business Advisors (NBA) through the closing of the transaction we have a clear, easy process that we follow. Below is the process we use:

STEP 1:

Discovery Meeting

At the discovery meeting we will lay the foundation for the journey of selling your company...

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STEP 2:

Business Valuation

We will look at the company financials, where the company is positioned in the market...

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STEP 3:

Listing Agreement

An area where we are different from most other Advisory firms is that we are...

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STEP 4:

Company Profile

Once the listing agreement is signed the journey begins...

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STEP 5:

Vetting Potential Buyers

When your ‘Business Profile’ is done, we will begin the vetting...

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STEP 6:

Buyer/Seller Meetings

After we've vetted potential buyers we will begin to set buyer/seller meetings...

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STEP 7:

Field Offers

Our goal is to bring more than one offer to the table for you to choose from...

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STEP 8:

Negotiate Terms

Having narrowed the field of potential buyers, we will begin to negotiate the terms...

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STEP 9:

Due Diligence

When a decision has been made who you want to proceed with, you and the buyer...

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STEP 10:

Close The Transaction

The 'close' of the transaction is the end goal of your journey to sell your company...

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A Few Helpful Notes

If bank financing IS needed, the buyer may have their own bank; but we have banks in our network that specialize in SBA Loans as well as Conventional Financing. We believe competition is a good thing so we recommend having more than one bank vying for the financing of the transaction.

Attorneys can help or hinder getting your deal to the close. While it's totally up to you which Attorney you choose; we have an M&A Law Firm that we have worked with for years. Our Attorneys are focused on getting the deal done and to the finish line. What you DON'T want is for Attorneys to bog the process down over wordage and add up 'billing hours' for their firm.

Our Attorneys know what their fee will be whether they spend 20 or 200 hours so they are motivated to protect you, the client, while at the same time expedite the process. Again...your choice of Attorney is TOTALLY your choice, but we are here to help any way possible.

While these steps can seem overwhelming, we are here to help and walk you through the entire process. At Nedrow Business Advisors we care about every client. Many firms want to list as many companies as possible. That's simply NOT our business platform. We want to get every client to the close of the transaction. Again; ‘YOUR GOALS ARE OUR GOALS.'