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Once our clients' needs, goals and desires are identified, we begin the process by investigating the many and varied exit strategies that are practical and available to you. Confidentiality is paramount throughout all phases of the exiting process. We are trained and certified as Primary Business Consultants, although our compensation is strictly on a success fee basis.
If not already known, we will begin to identify possible buyers, whether they are individual prospects, strategic prospects, private equity groups, or other appropriate entering prospects. Of course, packaging your business information is critical. We are experts in such packaging, and this is done for you at no additional cost.
Transferring your ownership (selling your business) is neither simple nor automatic. Proper values need to be established and justified for your business. Interaction on your behalf with the proper accountant and attorney is necessary early in the process. Tax ramifications need to be identified and considered, while various negotiating strategies are brought to the table in anticipation of structuring the transaction in a way that is most favorable to you.
As your Advocate, Burns & Associates will guide you through the process of exiting your business. If you would like additional information about these exiting considerations, or would simply like to know the two most common reasons businesses don't sell once the decision to sell has been made, call (330) 650-9000 or complete our Responder.
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