Business Broker for Manufacturing Companies Orange County – Lesser-Known Documents You Need in a Business Sale

As a company owner, there is a chance you have never handled a business sale. This is unless you are focused on the creation and sale of businesses. If now is the first time you are thinking about selling, it is always good to start by hiring a specialist to help. In this case, the specialist you will need is a business broker for manufacturing companies Orange County stands behind.

The business broker will play a crucial role in selling a company, more so when you consider the fact that selling a business is surrounded by technicalities and processes that might be overwhelming. The sale process is quite complex. Without the help of an experienced business broker for manufacturing companies Orange County trusts, you might end up failing. Next, you need to know the documents that will be necessary. In this post, we shall be looking at the crucial documents you need during the sale of a business.

Sale mandate

After deciding on the sale process to use, the next thing you will have to do is sign a sale mandate. This document gives details on the costs derived from the sale of the sold business. The signing of the sale mandate is what initiates the sale process. When your business broker or consultant starts working on the sale mandate, he will require certain information about your business. This information is crucial for preparing the documentation needed to execute the sale process.

Blind teaser

This is the first document your business broker in Orange County will produce. It is a blind profile that includes the characteristics of your company. It doesn’t have information that may allow someone to identify your manufacturing company. This is the first document that will be shown to potential buyers. In most cases, blind teasers are about two pages long. They have a description of the main characteristics of your company, reasons for selling, key financial figures, profits and debts, expected growth projection, and the advantages the business can bring to an investor.

Sales Notebook

If a buyer is interested in learning more about your business and has the financial means to acquire it, they will be required to sign a confidentiality letter or an NDA. After that, the sales notebook will be presented. This document includes the following:

Executive summary
Financial data
Vision of the sector and subsectors
Study of the company
Growth potential
List of competitors, competitive strategies, and market share

The objective of the sales notebook is to offer investors information that helps them know if the investment is good for them or not. The sales notebook reflects the reality of your manufacturing company.

Business Broker for Manufacturing 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."

Sale mandate

Blind teaser

Sales Notebook

The Sales Process