What steps do you take to sell my business? 

   Excel Business Brokers is experienced in the sale of small to medium size businesses and will use our expertise to painlessly guide you through complex steps required to sell a business. The following steps will be taken to successfully sell your business:

1. After business owner decides to sell the business.
2. EBB gathers business information for a situational business analysis to understand strengths, industry trends, economic outlook & opportunities.
3. Arrange a third party business valuation to determine its fair market value.
4. Marketing Package is prepared that includes:
         i)  Year to date financials;
         ii) 3 years of financials & tax returns;
         iii) Asset & equipment list;
         iv) Copy of the lease, If applicable;
         v) Summary of company information.
5. Marketing the business to potential buyers, such as:
         vii) Contact existing pre-qualified buyers from our database;
         viii) Exploring vertical & horizontal integration candidates;
         ix) Reaching potential buyers by local, regional & national classified advertising;
         x) Reaching potential buyers by listing on at least four Internet Sites;
         xi) Using extensive TABB resources and networking with other intermediaries;
6. Arrange meeting with Buyer & Seller.
7. Buyer presents a LOI or offer to purchase with earnest deposit.
8. EBB will handle the negotiations between the buyer & seller until the both parties agrees to price & terms.
9. Due diligence is performed by the buyer.
10. The Agreement to purchase is submitted to the Escrow Company and necessary documentation & searches are performed.
11. Buyer & Seller meet at the Escrow Company to complete the transaction.
12. Seller provides the training to the buyer, if previously agreed, usually two weeks or less.