Little did he know, this decision came with a set of challenges
Lack of knowledge
Lack of knowledge regarding business valuation.
Documentation
Uncertainty about necessary documentation and where to begin.
Finding a buyer
Difficulty in finding a suitable buyer for his business.
Limited experience
Lack of experience in presenting the business to maximize its value.
Post-sale challenges
Limited understanding of post-sale responsibilities.
Prime Exits offered a tailored solution
Providing a comprehensive understanding of the entire selling process, offering a detailed plan with templates to streamline document preparation.
Conducting a meticulous business evaluation to determine the optimal listing price for Steve’ business.
Identifying and evaluating potential buyers, selecting only those with the lowest risk.
Collaborating with Steve to create a well-designed presentation pitch, emphasizing aspects that would maximize the business's valuation.
Connecting Steve with a partnered M&A law firm, ensuring all legal paperwork was handled at a discounted rate.
Explaining the post-sale period responsibilities based on the purchasing agreement reached with the buyer. In Steve’ case, the new owners did not require his assistance in post sale period.
