Are You Planning to Sell Your Company Now?
Selling a business is a significant milestone, filled with excitement and challenges. With the right plan, you can navigate this complex process smoothly and successfully.
Why you need a trusted advisor
Surprisingly, only about 20% of businesses listed for sale find a new owner, according to the Exit Planning Institute (EPI). This low success rate often stems from poor preparation, unrealistic expectations, and a limited pool of interested buyers.
Partnering with a professional, such as a business broker or M&A advisor, can dramatically increase your chances of success. At Magnus Business Group, we excel in valuing and marketing businesses, identifying potential buyers, negotiating deals, and managing the intricate legal and financial aspects.
Our proven process includes seven essential steps, allowing ample time to prepare your business for sale and address any potential challenges that might affect its value.
MBG – 7 Step Process
![7_step process](https://magnusbusinessgroup.com/wp-content/uploads/2023/03/7_step-process-1024x576.jpg)
1. Business Valuation
Knowing the value of your business is crucial for setting a realistic asking price and effectively negotiating with potential buyers.
Our business valuation service offers a precise market value assessment.
2. Strategy and Marketing Package
Our comprehensive business package includes a Confidential Business Review (CBR) or a Confidential Information Memorandum (CIM) to present your business in the best possible light.
Additionally, this package outlines effective strategies for approaching and attracting buyers.
3. Targeted Marketing
Our targeted marketing program ensures your business reaches the right audience, increasing the likelihood of a successful sale.
4. Genuine Buyers and Introductory Meetings
We pre-qualify buyers to ensure that only serious and genuine prospects are considered. We also organize introductory meetings for buyers and sellers to evaluate potential fits.
5. Negotiating Process
Magnus Business Group negotiates price, terms, and conditions to align with your objectives, so you can focus on running your business.
6. Due Diligence
Potential buyers conduct due diligence to evaluate your business.
We assist you in preparing detailed information about your operations, financials, and other essential aspects.
7. Closing and Transfer
Closing and transferring a business involves many legal, financial, and practical considerations.
Magnus Business Group will guide you through this critical process ensuring a seamless transition and a successful sale.