There are six basic steps to selling your business. At Pious & Associates we make the process simple.

Step 1 Business Valuation
Step 2 Listing Contract
Step 3 Marketing
Step 4 Prospect screening and business visit
Step 5 Offer/Due Diligence
Step 6 Contract and Closing

If you are thinking of selling your business, the first question most business owners ask when talking to us is, “What is my business worth?”  There are many factors that determine the value of a business.  Sales revenue, cost of goods sold, net profit, lease agreements, assets and general business conditions.

We work with you to determine a fair selling price that is supported by your financial information. As a seller you must understand that a buyer will most likely need to borrow funds to purchase your business. A financial institution will want to verify your business statements before loaning a prospective buyer money.

We will use the latest marketing tools to help sell your business.  Local advertising as well as internet advertising will be employed.

Before a prospective buyer visits your business, confidentiality agreements will be signed. Most business owners do not want their employees, suppliers or customers to know that their business is for sale.  In an effort to be efficient, we financially pre-qualify buyers before the visit to make sure that they are not just “kicking the tires”.

After a formal offer is accepted, we work with you through the due diligence phase of the transaction to the final closing.