{"id":384,"date":"2017-05-30T19:16:42","date_gmt":"2017-05-30T19:16:42","guid":{"rendered":"http:\/\/www.southardfinancial.com\/?p=384"},"modified":"2017-05-30T19:17:18","modified_gmt":"2017-05-30T19:17:18","slug":"selling-business-let-southard-financial-help-get-best-deal","status":"publish","type":"post","link":"https:\/\/www.southardfinancial.com\/selling-business-let-southard-financial-help-get-best-deal\/","title":{"rendered":"Selling a Business? Let Southard Financial Help You Get the Best Deal"},"content":{"rendered":"
It\u2019s not something you do every day, so the idea of selling a privately held business or divesting a corporate division or subsidiary might be a bit mind-boggling. How does it work? What is the business worth? How do you know which buyers are legitimate and which offers to consider? At Southard Financial, we work with sellers and buyers every day \u2014 and maintain relationships with an extensive network of investors, private equity firms, banks, and finance companies \u2014 so you can bet we have the resources to assist you.<\/p>\n
To protect your interests and ensure that you get the best deal possible, Southard Financial follows a proven three-part process. We are with you every step of the way, providing solid, actionable analysis and advice, and weeding out ineligible buyers and weak offers. Our aim is to make you aware of the realities of the marketplace, help you negotiate the final agreement and close the sale, and ensure that you and the buyer are both happy with the end result.<\/p>\n
Phase 1: Benchmark Analysis<\/em><\/strong><\/p>\n We know you want to make as much money as you can from the sale. We also know it\u2019s critical to price the offering appropriately. By conducting a valuation benchmark analysis, we determine what a business is truly worth so you can align your expectations with the realities of the marketplace. It\u2019s important to understand that we may not be able to go to the next stage if a client insists on setting an unrealistically high sales price that could result in a failed process.<\/p>\n Phase 2: Descriptive Memorandum<\/em><\/strong><\/p>\n During this phase, we create a memorandum \u2014 commonly called a \u201cbook\u201d \u2014 that documents specifics about the business that are of interest to potential buyers. The objective is to provide enough detail on the front end to answer questions potential buyers commonly ask. The aim is to weed out unlikely prospects and attract eligible, interested parties to the table.<\/p>\n Phase 3: Marketing\/Negotiating\/Closing<\/em><\/strong><\/p>\n Once you have approved the book, Southard Financial reaches out on your behalf to all of the financial and strategic investors we can identify as candidates. Interested parties sign confidentiality agreements and receive the book, and we arrange introductory calls between you and eligible buyers. Those who wish to proceed submit indications of interest \u2014 which includes the price and the structure of the deal \u2014 and the field is narrowed to the few best offers. As negotiations progress, we assist you in working out the most favorable deal and closing it successfully. Our ultimate objective is to ensure that both sides are happy with the transaction, especially our clients.<\/p>\n Finalizing the sale of a business can easily take several months and may seem a bit daunting if you have not been through it before. Our firm, however, has managed this process time and again, and you can rely on us for the necessary resources, expertise, and support.<\/p>\n When you\u2019re ready to deal, call Southard Financial at (901) 761-7500, use the form on our contact page<\/a>, or reach out to us on social media. We look forward to hearing from you!<\/p>\n
\nSouthard Financial is here for you.<\/strong><\/h3>\n
Get in touch, today.<\/strong><\/h3>\n