Selling Your

Business

If you are interested in selling your business, you are in the right place.

Selling your business requires careful planning and execution. Before you sell your business there are many issues to consider. These issues can occur during the listing, LOI, purchase agreement, pre-closing, and closing stage of the process.

Here are a few of the important issues Sellers should consider when selling their business:

expert

Get Important Advice

  • Help You Analyze Your Exit Options
  • Help You Understand How Businesses are Valued
  • Help You Negotiate an Agreement with a Broker
  • Help You Negotiate and Draft a LOI
  • Help You Negotiate and Drat a Sales Agreement
  • Help You Comply with Your Due Diligence Requirements
  • Help You Comply with Contracts, Rules and Regulations 
  • Help You Prepare for Closing
  • Help You During Closing 
  • Help You After Closing
partners

Key Partners

  • Business Broker
  • Industry Expert 
  • Valuation Expert
  • Accountant and Tax Professionals
  • Special Legal Support
  • Consultants

Negotiate LOI

  • Price Terms
  •  Assets of the Entity to be Sold
  •  Key Dates for Disclosure 
  •  Key Timeline for Due Diligence
  • Scope of NDA and Confidentiality Agreements
  • Contingencies of the LOI
  • Date to Move from LOI to Contract
  • Complete the Vetting of the Buyer
Agreements

Negotiate Purchase Agreement

  • Negotiate the Price and any Contingencies
  • Negotiate & Identify the Physical Assets Being Sold
  • Negotiate & Identify the Intangible Assets Being Sold
  • Negotiate and Identify the IP Assets Being Sold
  • Negotiate the Assignment of Key Contracts and Releases
  • Negotiate & Identify the Company’s Liabilities to be Assumed
  • Identify the Key Timeline for Additional Due Diligence
  • Negotiate Worker Benefits
  • Negotiate Remedies for Breach
  • Negotiate the Deposit
  • Negotiate Seller Financing, if Beneficial to Seller
  • Negotiate Transition Management Terms
  • Negotiate Other Key Terms
  • Draft the Sales Agreement 
  • Draft Due Diligence Confidentiality Agreement
  • Draft Due Diligence Non-Compete Agreement
  • Draft Due Diligence Non-Disclosure Agreement
  • Draft Due Diligence Non-Solicitation Agreement

CAUTION: DO NOT ALLOW A BROKER, SELLER, OR BUYER’S ATTORNEY TO FORCE YOU INTO SIGNING THEIR AGREEMENT.

Due Diligence

Organize, Review and Provide Financial Statements

Organize, Review and Provide Real Estate Records

Organize, Review and Provide List of Tangible Assets

Organize, Review and Provide List of Intangible Assets

Organize, Review and Provide Employee Files

Organize, Review and Provide Non-Employee Worker Files

Organize, Review and Provide Vendor Files

Organize, Review and Provide Suppler Files

Organize, Review and Provide Bank Statements

Organize, Review and Provide Business Tax Returns

Organize, Review and Provide Litigation History and Cases

Organize, Review and Provide Organization Records

Organize, Review and Provide Proof of Good Standing

Organize, Review and Provide Auditor’s Letters 

Organize, Review and Provide Company’s Budgets and Plans

Organize, Review and Provide Internal Control Procedures

Organize, Review and Provide Other Relevant Records

Ensure Enforcement of Due Diligence Protection Agreements

Address Issues as they Arise

Negotiate Addendums Based on Due Diligence 

diligently

Closing The Deal

  • Prepare for Closing
  • Closing Checklist
  • Escrow Services
  • Review, Analyze and Advise on Closing Documents
  • Ensure Assignments of Key Contracts
  • Ensure Releases of Liability on Key Contracts
  • If Seller’s Financing, Ensure Adequate Collateral
  • If Seller’s Financing, Ensure Security Agreements Signed
  • If Seller’s Financing, Ensure Correct Documents Recorded 
  • Ensure IRS Compliance
  • Confirm Transition Management Issues Addressed

Manage Risks

  • Asset Protection Planning
  • New Venture Planning
  • Estate Planning
  • Segmentation of Risky Assets
  • Key Contracts to Limit Risks
  • Key Insurance to Cover Risks
  • Ready Access to Private Corporate Counsel to be Proactive
Success

Are you ready to get started?

Request a consultation to get you started.

Effective Tools

Anti-Discrimination Policies

Anti-Harassment Policies

ADA Policies

Vacation, Sick Leave and Volunteer Leave Policies

Pay and Overtime Policies

Conflict Resolution Policies

Performance Improvement Plan Policies

Grooming and Dress Policies

Media Policies

Social Media Policies

Crisis and Disaster Relief Policies

Start Building Your Crisis Management Plan Today

Download your free guide, Managing Your Business Through a Crisis: 7 Steps to Success, and discover the top recommended ways to prepare your company for the unexpected.

Get Personalized Guidance From PCC

Request your free consultation and we’ll get you started on implementing strategies to protect your business.

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