Timetable
Weeks 1-4
- Review your objectives and develop a selling strategy
- Prepare a valuation report for your review
- Prepare business report for buying prospects
- Identify prospective buyers
Weeks 5-8
- Contact prospects
- Qualify interested prospects; execute confidentiality agreements; release report
Weeks 9-12
- Review report with prospects
- Solicit preliminary bids; review with client
- Schedule meetings between client and prospects
Weeks 13-14
- Meetings with buyers
- Schedule final bids
Weeks 15-16
- Review proposals with you
Weeks 17-l8
- Negotiate and sign Letter of Intent
Weeks 19-25
- Negotiate final contract; closing