Business Broker for Internet Companies Orange County – Timeframe of a Business Sale

There are several phases involved in the sale of a business. How you tackle these phases will determine how fast you sell and how much you get from the sale. Working with a business broker for internet companies Orange County trusts will help you tackle these phases properly and guarantee you end up with the best possible results. Let’s take a look at the phases involved in the sale of an internet business.

Analysis phase

This phase focuses on reaching a sale agreement with the shareholders. It also includes getting the business ready for sale. In this phase, two documents must be prepared: a blind profile and a company’s sales notebook. A business broker for internet companies Orange County recommends will be happy to help with these key documents. The sales notebook reflects the reality of the internet company and its most positive aspects. It gives potential buyers the information they need to assess the purchase. Your business broker in Orange County will need more information about your company before preparing a sales notebook. This can be done within a month.

Business valuation phase

The next phase is determining how much your business is really worth. Then again, a business broker will be able to perform a business valuation and provide you with a detailed valuation report. This will also take about a month.

Investor search phase

This is one of the most time-consuming phases in selling a business. It involves reaching out to interested buyers and providing them with blind profiles. A business broker will reach out to contacts already on his list, use his professional network, and post the blind profile on their website and listing sites. Once an interested investor is found, they have to sign a confidentiality agreement before any additional information is shared with them. It is also the duty of the business broker to prescreen every buyer before sharing any information with them. This phase can take 2 months or more.

Negotiation phase

Buyers will not purchase your business at the asking price. Instead, they will negotiate both the selling price and the terms. Negotiations involve many conversations and compromises. The buyer will request a ton of information and consult with his team. The seller will also do the same. This period can take up to 2 months.

Due diligence phase

This phase involves professional analysis. It helps the buyer determine the actual value of the business and gives them a chance to look around and decide if your business is a good fit. This phase can take up to 3 months.

Closing phase

If both parties are satisfied, the closing phase will start. This involves the preparation of a Sales Contract or a SPA. A specialized commercial attorney prepares this document, and this phase will take 1 to 2 months.

Business Broker for Internet Companies Orange County

What Client’s Say

We Couldn’t Be Happier

"When we thought about selling we had no idea what our business was worth or how to go about selling. What you were able to do was to cut through the fog so that we understood the valuation issue and had a comfort level with the process. As you know we ended up selling for somewhat more than the original valuation and we got all cash and our CPA loved the way our tax liability was minimized. We couldn’t be happier!"

Over $250,000 More

"Our first contact with you shocked us when you suggested that we wait 18 months before selling because you believed that if we hit our projections that the value would be significantly greater. As it turned out we not only followed your advice but also got slightly over $250,000 more than we originally had hoped for. It is seldom that we have had the opportunity to deal with a firm that doesn’t want both money and a commitment NOW. It was clear and obvious that you had our best interests at heart."

You Got the Valuation We Agreed On

"You did a great job on the sale of our business in really beating the bushes for buyers, including a UK company that was an active suitor. You managed to get the valuation that we had all agreed upon and got it substantially all in cash and got the transaction closed with little to no problems or expensive lawyers involved."

Thank You for Handling Our Business

"Our business was smaller than what your firm normally handles but it was a BIG part of our net worth and savings. Thank you for handling our business and we were very pleased and delighted with the results."

More Than Anticipated

"Our transaction was involved as we had different corporate entities located in different states. Our only regret is that we didn’t retain your services before 2012 when we paid $25,000 to a firm in Texas that did a valuation and market analysis for us before then failing to do anything in the way of trying to sell our business. You got it sold for more than anticipated."