What is the closing process? 

   EBB will recommend using a professional Escrow Company. It ensures efficient closing of your transaction. While you may sell a business once in lifetime, the Escrow Company closes the transactions every day. The Escrow Company is a neutral third party in the transaction that represents the interest of both buyers & sellers. It is time consuming & expensive if either buyer or sellers have their attorney prepare the closing documents. EBB will coordinate the process of getting the lien searches, property tax settlements, documentation of incorporation, abandonment of assumed names, and other documents which are specific to each transaction. This will help you prepare the business for transfer while EBB is coordinating the preparation of necessary documents for the transaction.