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It is a fact that
every business owner will eventually exit ownership
in some manner. For most, the exit comes in the form
of selling the business. Unfortunately, it is not
uncommon for business owners to devote their entire
lives to building their businesses only to throw away
some of the rewards by failing realize the full value
of what they have built at the time of a sale. Maximizing
the net value received from selling a business requires
the experience and expertise of competent counsel.
Since 1989, The Charter Group has provided expert
assistance to over 400 business owners in the sale
of their companies. Our team of professionals can
manage the selling process from start to finish leaving
you to keep your focus on running your business and
continuing to build value.
Taking a business to market
For most business owners, the sale of their company
is a once in a lifetime event. Charter understands
both the financial and emotional sides to the transaction
and works closely with ownership to develop a strategy
that meets their personal and business goals. The
process employed by Charter to take a business to
market is disciplined and complex and is customized
to each situation.
Below is a snapshot of some of the typical elements
of the selling process.
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Charter's
professional associates will identify your company's
key strengths and weaknesses. We will conduct
an analysis of your company's historical financial
performance and projected future financial success.
This process helps to identify your company's
true market value and ensures that all parties
involved have common price expectations before
entering the market. |
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Charter will
prepare an "Offering Memorandum" for
qualified buyers. This Memorandum will describe
your company and its products, services, culture,
employees, target markets, and include a comprehensive
financial analysis prepared by The Charter Group. |
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Our team will
develop a unique marketing plan and appropriate
marketing materials for your company. Charter
will identify potential buyers, including individual,
corporate or equity funds. We will pursue confidential
contact and evaluation of buyers interest. |
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The Charter
Team will evaluate and lead the negotiation
of all purchase proposals. We will coordinate
contact with your CPA and legal counsel. If
you do not have a CPA or attorney, Charter will
assist you in finding qualified firms to work
with. Our efforts to keep your team informed
and on target will ensure that all of your interests
are attended to before, during and after the
sale of your business. |
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Once an acceptable
purchase proposal is agreed to, Charter will
quarterback the due diligence process with the
buyer, coordinate the legal document preparation
and review, and continue to represent your interests
as final details are worked out leading up to
closing of the transaction. |
Every business, owner and transaction is different
and our experience is critical to developing and implementing
a successful selling process that meets your needs.
We welcome the opportunity to meet with business owners
at any time to discuss the selling process and how
The Charter Group can assist you in reaching your
goals. Please contact us to set up a no obligation
consultation.
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