Selling A Business

01

Inital Client Intake

We start by getting to know more about you and your business through an initial consultation. During this meeting we will ask you questions about how your company is structured, financials, business assets, and the timeline of your exit strategy. It is important to bring the needed information to help the conversation and also be open to discussing the intricacies of your business. This helps us to be able to better understand where your business is at and what it is worth.

02

Pre-Listing

During the initial consultation we will have you bring 3 years of tax returns, an asset list, and a year to date profit and loss statement. These items we will use alongside of the information that we gather during our meeting create our Opinion of Value. Our Opinion of Value will break down what the business is worth presently and how we came to that conclusion. We will also come to the second meeting with an Action Plan for your company. The Action Plan will provide you with opportunities that we see that will help your company to potentially cut expenses, and increase revenue, resulting in a potential higher value of your business.

03

Listing

During the initial consultation we will have you bring 3 years of tax returns, an asset list, and a year to date profit and loss statement. These items we will use alongside of the information that we gather during our meeting create our Opinion of Value. Our Opinion of Value will break down what the business is worth presently and how we came to that conclusion. We will also come to the second meeting with an Action Plan for your company. The Action Plan will provide you with opportunities that we see that will help your company to potentially cut expenses, and increase revenue, resulting in a potential higher value of your business.

04

Strategic Marketing

When we are selling a company we do EVERYTHING possible to increase the chances of selling your company through our Marketing Strategy. Every business that decides to work with us receives the following marketing package:

  • FREE Opinion of Value
  • A comprehensive Action Plan to help increase the value of your company
  • Full web presence analysis (includes discounted website update)
  • Confidentially listing the business on every major business listing site (bizbuysell, bizquest, businessbroker, social media platforms, etc.)
  • Email marketing to a list of business investors
  • Monthly updates on your business listings results

Insider Tip


The big question is not really how much your business will sell for, but how much of it can you keep? The Federal Tax Laws determine how much money you will actually be able to put in the bank. How your business is legally formed can be important in determining your tax status when selling your business. For example: Is your business a corporation, partnership or proprietorship? If you are incorporated, is the business a C corporation or a sub-chapter S corporation? There are also tax rules that impact certain businesses on seller financing. The point of all of this is that before you consider price or even selling your business, it is important that you discuss the tax implications of a sale of your business with a tax advisor. You don’t want to be in the middle of a transaction with a solid buyer and discover that the tax implications of the sale are going to net you much less than you had figured.

Make Sure The Financial Statements Of The Business Are Current and Accurate

If you’re half way through the current year, make sure you have last year’s figures and tax returns, and also year-to-date figures. Make all of your financial statements presentable. It will pay in the Most buyers are seeking to obtain the following when considering the purchase of a business:

  • Pride in the service or the product
  • Flexibility
  • Income
  • Control of own destiny
  • Recognition
  • Security
  • Privacy
  • Status
  • Customer and employee contact

Seller FAQ's

Do you have more questions about selling a company?  Check out our FAQ’s for more information.

  • Why should I sell my business instead of close the doors?
  • How do I know what my business is worth?
  • How are businesses priced?
  • What is the process to sell a business?
  • How do you keep the business sale confidential?
  • What happens when a buyer makes an offer?
  • Why should I go to a business broker?
  • Do I need an attorney?

Ready to Buy or Sell?

CLICK THE LINK BELOW TO GET STARTED

Office Locations:

Corporate Headquarters

7401 S. Bitterroot Place STE #202

Sioux Falls, SD 57108

Minnesota Office

230 W. Superior St STE #400

Duluth, MN 55802