Clearview Business Brokers is a group of experienced business brokers that will help you determine if business ownership is right for you, show you businesses that will be of interest to you, and guide you through the process of buying a business. Business consulting is just one of our areas of expertise.
Below is the general process of buying a business. For personalized business consulting, call Clearview Business Brokers today.
- Meet with a business broker. They will determine your skill set, business goals and personal preference and help you decide what types of businesses will interest you.
- Sign a confidentiality agreement and complete the buyer profile sheet. Public knowledge of a potential sale can affect the attitudes and actions of customers, employees, competitors, lenders, suppliers, or investors, and thus the value of the company. Confidentiality is important!
- Receive confidential information about the business.
- Meet with the current business owner.
- Write an offer to purchase the business with the guidance of Clearview Business Brokers .
- Negotiate the cost with the current business owner.
- Meet with your attorney, accountant, etc. as needed.
- Finalize the purchase contract.
- Obtain financing with the guidance of the business broker.
- Negotiate lease assignment or property purchase.
- Perform due diligence. This is the responsibility of you, the buyer.
- Closing. Congratulations, you own a business!
Buying a business is one of the most important financial decisions you will ever make. Clearview Business Brokers is equipped with the training and expertise to guide you through this process while also making sure you understand the importance of every step along the way. We will coordinate meetings with the seller while you will make all the decisions and consult with your accountant, lawyer or financial adviser. We have handled many transactions and understand the complexities of selling and buying a business. For more business consulting and tips, set up an appointment with one of our skilled business brokers.