Preparing Your Business for a Buyer’s Visit
By JoAnn Lombardi, Pres. VR Business Brokers
A buyer’s visit has to be taken very seriously for a number of reasons if you want to move closer to a deal to sell your business.
A visit from a buyer is an opportunity for him or her to meet not only with you but with your management team as well as tour the company’s offices and other facilities.
The buyer will ask you specific and in depth questions about your business to determine what are the benefits and risks.
On the other end, you should be asking questions to make sure that the buyer has the financing to even proceed with the purchase.
Be sure to assemble current financial statements and other essential documents that will be helpful.
And last but not least, keep your business visually appealing to make a good impression.
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Contact VR at 1.800.377.8722 for full assistance in preparing your business for all aspects of a successful sales transaction.