Seller's Highway To A Successful Closing
The mileposts for a Seller are as follows:
1st. North American Business Brokers, Inc. (NABB) reviews and discusses with you your financial statements and market comparables at no cost or obligation. 2rd. Both parties sign a Listing Agreement A minimum non-refundable fee is required but it is applied towards the commission at closing. In addition our seller's benefit from a discounted success/marketing fee structure.
We will present to you the cost vs. benefit of having an independent third party provide a valuation for your business. If you decide to have an independent third party valuation done, N.A.B.B will coordinated this process with your CPA firm
3th. A. Confidential Business Summary report is developed by N.A.B.B. 4th. North American Business Brokers markets your business confidentially using one or more of the following approaches: a. Contacting active North American Business Brokers buyers. b. Meeting with other select local business brokers to co-broker. c. Contacting other key business brokers outside of Minnesota. d. Listing sale on several top rated web-sites. e. Contacting potential strategic buyers directly.
5th. N.A.B.B screens potential buyers.
6th. N.A.B.B sets up and leads Buyer-Seller meetings.
7th. N.A.B.B solicits letters of intent.
8th. N.A.B.B coordinates Due Diligence process with the buyers and accountants.
9th. N.A.B.B coordinates the preparation of the Closing documents with attorney(s).
10th. N.A.B.B works with your accountant to minimizing your tax liability at closing.
11th. N.A.B.B coordinates and leads the Closing.
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