To sell internet business you have to give the sale the same attention you would give any other business. The smallest mistakes will keep you from ever selling or cause you to sell at a loss. Our team at So-Cal Business Brokers has been selling internet businesses for more than 20 years. We know what needs to be done to not only bring the right buyers but also close fast and for the right price. When you hire us, here are some of the ways we will help you close fast.
Supervise due diligence
The due diligence stage gives a buyer the chance to investigate your business. This does not, however, mean you give every other buyer a chance to review your business. You have to screen buyers carefully and ensure the right terms are detailed in the Letter of Intent. Our task as you sell Internet business is to ensure you are dealing with a serious buyer and that the terms will not delay the sale. We will also help perform a due diligence of your own so that you know if there are issues that can keep you from being able to sell your business. Our team will ensure all the relevant documents are available and in the best form.
Negotiate the contract
In addition to negotiating the terms in the Letter of Intent, we will help you negotiate with the buyer. The first point you need to understand as you get ready to sell Internet business is that buyers will always want to get the best price for your business. Our job as your representative is to identify the key points for negotiations, manage your expectations and let you know when the best bid is on the table. We will also help you negotiate the sale terms.
Draft purchase agreement
After agreeing on the sale, you will need a legally binding contract that specifies the details of the sale. This is where the purchase agreement comes in. Our business brokers will ensure the agreed terms are included in the purchase agreement. The purchase agreement will also address potential issues that may arise like buyer defaulting on instilment payments.
Legal obligations
As the seller you will have obligations including those to potential buyers and employees. Failing to fulfill these obligations may lead to legal consequences. At So-Cal Business Brokers we have lots of experience selling businesses like yours. We will ensure that all your legal obligations are met to avoid issues during and after the sale.
We genuinely want to help you sell Internet business fast and for the right price. Contact us today to learn more about our approach. We offer a free consultation with our experienced business brokers.