The Pre-Closing Stage During the Sale of a Business
Hiring an experienced business broker Oceanside increases your chances of selling your business fast and at the best price. At So-Cal Business Brokers we understand how demanding a business sale can be. This is why we have brought together a highly qualified team of marketers, transactional attorneys, accountants and business brokers to help with the sale. With us you never have to work with different companies to meet your business needs. We have the team you need under one roof.
What is more is that we will take over the sale so that you can focus on the core operations of your business while we handle the complex side of selling your business. We only contact you when making major decisions. From business valuation to due diligence to closing, our business brokers Oceanside will take care of everything on your behalf. If you have gone through all the stages and you are at pre-closing, here is how our team will help.
Pre-closing comes after due diligence. The objective of due diligence is to help a buyer determine if a business is a good fit. We will do the hard work of digging into the target business. We achieve this by reviewing all the vital documents such as bank statements, credit card statements, balance sheets, profit & loss statements and all other contract documentation. We will then present you with the facts so that you can make the decision on whether to proceed with the purchase or not.
For sellers, our work during due diligence is to make sure your documents are clean, well-organized and attractive to buyers. We are responsible for confidentiality management. In addition to qualifying buyers, we require them to sign non-disclosure agreements.
After a buyer agrees to purchase your business, you might feel that the only step left is closing. There is, however, a lot that needs to be done. That is why the stage before closing is referred to as pre-closing by our team.
Pre-closing involves a number of tasks that have to be performed by the transactional attorneys, sellers and buyers. The main job of our business broker in San Diego is to compile the list of items that are needed and also manage the process so that it gets completed correctly and on time. Some of the most complex items in pre-closing are the transfer of the lease, securing financing and setting up new entities for the buyer. Our work is to smooth the process.
Do you want to learn more about our services? Please visit our website and schedule a complimentary consultation with our business brokers today!