Selling A Business

When is it time to sell?
When is it time to sell your business? Only you can make that final decision, but the following points are worth considering:

  • Do you still have the desire and the excitement? Are you ready for a lifestyle of change? Businesses rarely stay level, they either grow and succeed, or become stagnant and die. It is dependent on the desire of the owner. 
     
  • Are you willing to invest the resources and time to keep up with new technology? If not, growth will be hard to achieve as you will likely fall behind your competitors. 
     
  • Most industries go through a metamorphosis every five years. Are you excited about the changes in your field or do they make you tired just thinking about them? Can you afford the changes financially?

Contact The Henderson Business Group
If you have questions about selling your business or feel that now is the right time to put your business on the market,contact us for an appointment to meet with you, either at your offices or ours.

  1. Presentation Package

    For every business listed with The Henderson Business Group, a presentation package is developed. This package contains a detailed write-up, business information, and digital pictures of each business. Packages are only shown to qualified buyers who have executed non-disclosure agreements.
     
  2. Listing Agreement

    Once you have decided to list your business with The Henderson Business Group, we will assist in determining a fair market value for the business and it will be placed on the market. This list price will be represented in the listing agreement along with the other terms and conditions of that agreement.
     
  3. Confidentiality

    The Henderson Business Group requires a signed non-disclosure agreement before any business information is given to potential buyers, which we have previously qualified. The Henderson Business Group will be your sole and exclusive business broker. 
     
    We will make certain not to jeopardize business relationships with employees, banks, creditors, and suppliers, etc.
     
  4. Close Contact

    The brokers at The Henderson Business Group will keep in close contact with the seller to inform them on the progress of the selling process.
     
  5. Advertising

    After your business has been listed with The Henderson Business Group, it will be professionally marketed to potential buyers. In addition to heavy print advertisements, a general description will be posted on this website. 
     
    The above will be performed without divulging the specific name or address of each business for sale.
     
  6. Negotiations

    The Henderson Business Group will contact and conduct all negotiation with potential buyers so as to avoid disruption of the seller's daily business operations. If an offer is tended on your business, your broker will manage all the necessary steps through the closing, including:     

    • Working with the attorneys and accountants for both buyer and seller to insure both parties receive adequate consultation.  
    • Coordinating and managing the due diligence process so all parties move along in an orderly manner.  
    • Management of the preparations leading to closing, including the creation of closing statements, pro-rations calculations, the production by an atorney of the final documents, and supervision of other required sub-contracots (when applicable), such as appraisers, EPA consultants, surveyors, etc.  
    • Laison with the buyer's lender to insure that the funding is handled professionally and with low risk for all parties.

Since the agents in our organization have managed the closings on thousands of different business acquistions over the last 27 years, we are happy to volunteer to assist with all the important elements needed for a clean conveyance.

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