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Video: Exit Planning 101 – Preparing Your Business for a Profitable Sale

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Why Exit Planning Matters Far too often, owners wait until they're ready to walk away before thinking about the steps required to exit successfully. That's where exit planning comes in. Exit planning is the strategic process of preparing your business—financially, operationally, and emotionally—for a future sale. It's not just about putting a "for sale" sign on the door; it's about ensuring your business is in the best possible shape to attract the right buyer and command top dollar.

How to Prepare a Confidential Information Memorandum (CIM)

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  How to Prepare a Confidential Information Memorandum (CIM) The Power of a Well-Prepared CIM in the Business Sale Process One of the most important documents in this process is the  Confidential Information Memorandum (CIM) . This document serves as a  comprehensive yet confidential  overview of your business, providing potential buyers with the key details they need to assess the opportunity — without disclosing sensitive information too early in the process. Looking for a  Business Broker in Roseville ? Let us know. *Important: Do not disclose this document to a prospective buyer until they have signed an NDA, completed a buyer profile, and have been adequately screened. A  well-prepared CIM  can: Generate interest from the right buyers Showcase the true value of your business Help justify your asking price Streamline the due diligence process However, many business owners struggle with  what to include  in a CIM and  how much detail ...

Understanding the Process of Selling Your Business

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  We put together an outline describing the key stages to help you better understand selling your business. Feel free to reach out if you have any questions. 1. Business Valuation and Preparation Analysis of your business's financials, operations, market position, and assets. Determination of a realistic market value. Execute a representation agreement 2. Marketing Your Business Developing a tailored marketing strategy. Preparing an information packet (confidential business review) for potential buyers Confidentially marketing to our network of potential buyers. Handling initial buyer inquiries and screening potential buyers. 3. Buyer Negotiations and Offers Facilitating discussions and negotiations with interested parties. Presenting and reviewing offers with you. Negotiating terms and conditions to achieve the best possible outcome. 4. Due Diligence Assisting the buyer in verifying the business's financials, operations, and legal status. Assisting the sellers in the disclosu...