Benchmark Business Group

Our Process

We make the process of selling your business as simple for you as possible:

1.  Opinion of Value

Selling Your Business - Receive an Opinion of Value We start with an evaluation of your business to determine the top price a buyer might pay in today's market. There are no up-front costs for this service for those in our market area. Even if you decide not to proceed, we are confident you will call us when you are ready in the future.

2.  Listing Agreement

Selling Your Business - Be placed on our business listing featuring businesses for sale in Iowa, the Midwest and surrounding areas. When you decide to hire us you will sign an exclusive listing agreement that gives us the right to represent you in the sale of your business. All information provided to us is held in the strictest confidence, and only communicated to qualified buyers who have signed confidentiality agreements, along with their lenders and professional advisors.

3. Presentation Package

Selling Your Business - Let us help you present your business to attract buyers Benchmark Business Group develops, with your approval, an Executive Summary package for presenting your business to qualified buyers. This package contains a detailed description of your business including, financial information, business specifics (location, assets, lease information, etc.), and pictures if appropriate

4. Confidentiality

Seeling Your Business - We keep strict confidentiality when you list your business for sale with us Executive Summary packages are only shown to pre-qualified buyers who have executed non-disclosure agreements. Since Benchmark Business Group will be your sole and exclusive business broker we are diligent in protecting your vital business relationships with customers, employees, suppliers, banks, creditors, etc

5.  Communication

Selling Your Business - Communication with our business brokers help ease the process Benchmark Business Group will keep in close contact with you regarding buyers interested in your business and facilitate buyer questions and offers. Tours are scheduled with your approval and at a time convenient for you. Buyers are consistently advised of the importance confidentiality.

6.  Advertising Your Business for Sale

Selling Your Business - Our Business brokers help advertise your business to the right buyers After you have approved the Executive Summary package, your business will be professionally and confidentially marketed to potential buyers. Your business listing will be posted on this website along with other major business opportunity web sites, without divulging your specific name or location.

7.  Negotiating an Offer

Selling Your Business - Our business brokerage will help you negotiate offers

Benchmark Business Group will facilitate all buyer negotiations. Our goal is to minimize disruption of your daily business operations and support you in evaluating offers from buyers. Some of the services we offer include:

  • Working with the attorneys and accountants for both buyer and seller to ensure both parties receive relevant information.
     
  • Coordinating and managing the due diligence process so all parties move through this process in an orderly manner.
  • Managing the preparations leading to closing the sale, including the creation of closing statements, proration calculations, working with attorneys to produce final documents in a timely manner, and ensuring all other details (inspections, loan contingencies, etc.) are being addressed.
     
  • Serving as liaison with the buyer's lender to ensure that the funding is handled professionally and with low risk for all parties.
The Business Brokers in our Firm have managed the closings on hundreds of business acquisitions in the Midwest. We are prepared and happy to assist with the important elements needed for a clean conveyance.  If you're thinking about selling your business, contact our business brokerage department today to have a confidential and discrete discussion with one of our business brokers.

Selling Your Business

Follow our Facebook and LinkedIN accounts for tips on designing a business of value.  Our business coaches and business brokers provide weekly insights on building your business, a monthly article on selling your business, and more.

Business Coaching and Sell Your Business Facebook     Business Coaching and Sell Your Business LinkedIN

 

Our business brokers also use social media to attract individuals that are looking to buy a business in Iowa or the surrounding areas.  Our Buy Iowa Business Twitter and Buy Iowa Business LinkedIn group  are two of many ways we find interested buyers for your business.

Iowa Business Brokers Twitter     Buy a Business Iowa LinkedIN   

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