A Step-by-Step Approach to Selling a Business
South Manitou Island Lighthouse
Sleeping Bear Dunes
National Lakeshore
Michigan USA
- Schedule an appointment to meet with a First Choice Business Broker.
- Gather documents requested by your First Choice Business Broker for your meeting.
- Share your goals and business details during your meeting. Your First Choice Business Broker will ask a comprehensive series of questions to develop a clear picture of your business, preliminary value, and the best approach to generate buyer interest in your business.
- Determine Market Value and List Price for your business utilizing First Choice Business Brokers proven valuation methodology - the Market Price Analysis (MPA).
- Sign Listing Agreement authorizing First Choice Business Brokers to represent you in the sale of your business.
- Approve marketing, advertising and potential terms offered.
- Your First Choice Business Broker will manage Buyer inquiries, qualifications and signing of the NDA (Non-Disclosure Agreement).
- Your First Choice Business Broker will arrange a meeting between Buyer and Seller.
- Your First Choice Business Broker will assist in presenting offers and subsequent contract negotiations.
- Your First Choice Business Broker will manage the timeline from offer acceptance to closing and transfer of ownership to the Buyer.