businessbuilders

  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 ...

  Q2 was a busy quarter for us. June was probably the busiest month so far this year for inbound calls from business owners interested in exploring the process of selling their businesses . One trend we've seen is that baby boomers have had to continue operating their businesses longer than expected. Many of them would have liked to sell their businesses, but due to the pandemic, increased labor costs, and rising inflation, they continued working. Unfortunately, this has led to burnout, which has led to declining revenue and profit. Declining revenue and profit reduces companies' value. The good news is that the market is moving in the right direction. According to BizBuySell's latest Insight Report , small business transactions have increased 5% over the past year and 3% from the previous quarter, with 2,448 businesses sold. This surge has brought the total enterprise value to an impressive $1.9 billion, a 20% increase from last year. In the Greater Sacramento area, the st...