How to Make Buying & Selling Your Business Stress-Free
Buying or selling a business is a big undertaking, but it doesn't have to be such a stressful experience. There are companies you can work with to streamline and simplify the process – and you'll get special perks just by being an ASI member. Discover all the ways working with a consulting company can help mitigate the stress and difficulty of buying or selling your business today.
The first step of either buying or selling a business is knowing what it's worth. Without expertise in this area, you're left making educated guesses and estimates. Don't leave something up to chance that's so crucial for the transaction. Instead, work with business experts who can give you accurate valuations and will work with you to answer any questions or concerns that might arise. Whether you want to avoid being taken advantage of or want to make sure you're getting the payout you deserve, this is one step you won't want to overlook.
Certified Marketing Consultants Can Help
When you partner with Certified Marketing Consultants, you'll gain the benefits and insights of both qualitative and quantitative aspects of the business in as little as two weeks. They'll send custom questionnaires to each valuation client to collect data and paint a clear picture of the business that was built. This information includes:
Financial Statements
contracts
customer stratification
value-added services
staffing
and more
Making such a big business decision can be scary, especially if you don't have a background in finance. How can you be sure you're making the right decision or getting the best deal? By working with financial experts, of course. When you partner with a company that employs certified financial specialists, you'll gain peace of mind and confidence about your choices. Don't be afraid to ask about credentials, either – this is your business and money on the line, so you're encouraged to ask questions before moving forward.
Certified Marketing Consultants Can Help
Certified Marketing Consultants will be happy to connect you with their team of specialists, all of whom are certified CPAs with a combined 50+ years of experience in the promotional products space. Not only will you gain their years of experience buying and selling businesses, you'll also feel confident knowing they understand the unique nuances of our industry.
Anonymity is paramount to the process of buying and selling, no matter which side of the equation you're on. Always ask the company you partner with if they require NDAs, and how they will ensure that your business, financial and proprietary information stays private. When negotiating such a big transaction, it's part of the process to discuss private business information and numbers. Make sure your partner is working one step ahead to ensure no information will be leaked outside the negotiating room.
Certified Marketing Consultants Can Help
Your information will always remain private, as the Certified Marketing Consultants process ensures all information and contacts remain anonymous until NDAs have been signed. This is provided before any names or proprietary data has been sent, so you can feel comfortable discussing specifics of your business candidly with their team of experts.
In most negotiations, the seller has never sold a company before, and the buyer has never acquired a company before – and that's OK. You don't need to be a master negotiator to buy or sell a business, but you should definitely work with someone who is. Companies focused on the selling and acquisition of supplier and distributor companies will understand specific questions that need to be asked related to our industry and will know how to get both parties terms they're equally happy with.
Certified Marketing Consultants Can Help
Certified Marketing Consultants have served in hundreds of negotiations and transactions in the promotional products industry and they truly understand the nuances of this market and the key players involved. Whether you are a first-time seller or a seasoned buyer, you can get help from someone more experienced who has years of understanding and experience under their belt. Certified Marketing Consultants also understands that every transaction is going to be different, just like the businesses they're advocating for. No matter what specific conditions you're bringing to the table, they'll bring relevant expertise to create the best outcome possible.
Ready to learn more?
Fill out the form below and a Certified Marketing Consultants representative will reach out with more information. Please rest assured that all information provided is completely confidential.
View ASI's Business Savings Program for more info.
Certified Marketing Consultants Ltd.
To learn more, visit CertifiedMarketing.com or call (260) 637-6643.