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Business Sales & Acquisitions
  • Home
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Business Sales & Acquisitions
  • Home
  • About
    • About us
    • Our Professionals
    • Affiliations
    • Testimonials
    • Brokers Wanted
  • Our Locations
    • New York City
      • New York
      • Broadway
    • Connecticut
      • Greenwich
      • West Hartford
    • Delaware
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      • Boston
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Seller FAQ

Top Questions to Ask When Selling a Business

If the time has come and you’re ready to consider selling your business, you undoubtedly have many questions. This FAQ will address common questions and things to consider when selling a business.

If you have any other questions, please contact Inbar Group.

Should I Sell My Business?

If you’re thinking about selling the business you’ve worked hard to build, you’ve probably given this question considerable thought. Some of the most common reasons business owners sell include:

  • Retirement
  • The desire to move on
  • New opportunities
  • Financial reasons or pressure from investors
  • Increased competition
  • Attractive offers from outside parties
What Is a Business Broker?

A business broker is a professional with the experience to facilitate and guide the sale of a privately held business. They work with sellers and buyers, acting as an intermediary to handle the most complex and critical aspects of the transaction.

Why Use a Business Broker?

Selling a business can be complex and time-consuming. Business brokers like the professionals at Inbar Group have the experience and resources to help you navigate every aspect of your sale, including:

  • Determining the right price for your business
  • Negotiating on your behalf
  • Preparing documents and closing paperwork
  • Ensuring every detail is handled, so you can run your business
  • Maintain your anonymity
  • Vet potential buyers
How Do I Find out How Much My Company Is Worth?

Knowing your business’s worth is often the first step in preparing it for sale. Our free business valuation opinion calculator can help determine your company’s market value.

How Long Will It Take to Sell My Business?

A typical sale takes anywhere from six months to a year. However, the exact time frame depends on market conditions. When you work with Inbar Group, we handle all the time-consuming elements of selling a business so you can focus on running the company or preparing your exit strategy.

What Can I Do to Help Sell My Business?

Whether you’re just starting to contemplate the sale of your business or have firmly made up your mind, your first step to selling a business is contacting a brokerage firm like the team at Inbar Group. From there, you will need to:

  • Assemble your financial and business documents
  • Prepare a business inventory
  • Create an operations manual
  • Tidy up the premises
  • Repair or replace non-operating equipment
  • Keep normal operating hours
What Happens When There Is a Buyer for My Business?

Once we find a buyer or multiple buyers for your business, our role shifts to facilitating the sale and ensuring a smooth transaction. This includes helping you:

  • Choose the best offer
  • Understand deal terms
  • Negotiate terms
  • Maintain communication between all parties
  • Coordinate the closing
  • Resolve any issues that arise

Why Business Owners Choose Inbar Group

With 30 years of experience and a proven sales process, Inbar Group is here to support selling your privately held business from start to finish. We are experts with extensive experience in numerous industries, including health care, manufacturing and retail. We work diligently to review every facet of the business so you can attract potential buyers and receive the best possible price for your years of diligent work.

With Inbar Group, you pay no upfront fees until your business is successfully sold.

Contact Inbar Group to Get Started

Whether you have more questions or are ready to start the process, we can help. We offer free consultations and valuations to business owners throughout the Northeastern United States. Contact us today to learn more.

Buyer Articles  ·  Buyer FAQ  ·  Buying a Business  ·  Seller Articles  ·  Seller FAQ
Confidentiality Agreement

“Confidentiality Agreement – A pact that forbids buyers, sellers, and their agents in a given business deal from disclosing information about the transaction to...

Continue Reading
May 16, 2014

Seller Articles  ·  Seller FAQ  ·  Valuation
Creating Value in Privately Held Companies

  “As shocking as it may sound, I believe that most owners of middle market private companies do not really know the value of their company and what it takes...

Continue Reading
May 9, 2014

Buyer Articles  ·  Buyer FAQ  ·  Buying a Business  ·  Seller Articles  ·  Seller FAQ
Seller Financing — How a Broker Can Help

Another important factor relating to the asking price is the amount of cash involved in the sale. There is an old saying that the higher the full-price, the lower...

Continue Reading
May 2, 2014

Buyer Articles  ·  Buyer FAQ  ·  Buying a Business  ·  Done Deals  ·  Seller Articles  ·  Seller FAQ
Keys to a Successful Closing

The closing is the formal transfer of a business. It usually also represents the successful culmination of many months of hard work, extensive negotiations, lots of...

Continue Reading
April 18, 2014

Buyer Articles  ·  Buyer FAQ  ·  Buying a Business  ·  Seller Articles  ·  Seller FAQ
The Three Ways to Negotiate

Basically, there are three major negotiation methods. 1. Take it or leave it. A buyer makes an offer or a seller makes a counter-offer – both sides can let the...

Continue Reading
March 14, 2014

Seller Articles  ·  Seller FAQ
What is Goodwill?

In the practical sense, when selling a business, goodwill is all the hard work and effort the seller has put into the business over the years. When acquiring a...

Continue Reading
December 27, 2013

Seller FAQ
Why is seller financing so important to the sale of my business?

Surveys have shown that a seller who asks for all cash, receives on average only 70 percent of his or her asking price, while sellers who accept terms receive on...

Continue Reading
January 10, 2012

Seller FAQ
What happens when there is a buyer for my business?

When a buyer is sufficiently interested in your business, he or she will, or should, submit an offer in writing. This offer or proposal may have one or more...

Continue Reading
January 10, 2012

Seller FAQ
What can I do to help sell my business?

A buyer will want up-to-date financial information. If you use accountants, you can work with them on making current information available. If you are using an...

Continue Reading
January 10, 2012

Seller FAQ
What can business brokers do – and, what can’t they do?

Business brokers are the professionals who will facilitate the successful sale of your business. It is important that you understand just what a professional...

Continue Reading
January 10, 2012

Seller FAQ
How long does it take to sell my business?

It generally takes, on average, between five to eight months to sell most businesses. Keep in mind that an average is just that. Some businesses will take longer to...

Continue Reading
January 10, 2012

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INBAR GROUP, INC.
Business Sales & Acquisitions
info@inbargroup.com

Main Office

Administration and Mail
209 West 29th Street
Suite 318
New York, NY 10001
Phone: 212-473-5000

New York Office

1411 Broadway
16th Floor
New York, NY 10018
Phone: 212-473-5000

Connecticut Office - Hartford

1245 Farmington Ave
Suite #302
West Hartford, CT 06107
Phone: 203-388-5202

Maine Office

12 Shuman Ave., #10
Augusta, ME 04330
Phone: 207-352-1000

Massachusetts Office

770 Legacy Place
Dedham, MA 02026
Phone: 617-934-8000

New Jersey Office

2 University Plaza, #100
Hackensack, NJ 07601
Phone: 201-474-3000

Pennsylvania Office - Pittsburgh

1001 Liberty Ave, 5th Floor
Pittsburgh, PA 15222
Phone: (215) 461-5000

Pennsylvania Office - Philadelphia

Two Liberty Place
50 South 16th Street
17th floor
Philadelphia, PA 19102
Phone: 215-388-2334

Washington DC Office

650 Massachusetts Ave NW
Suite # 600
Washington DC 20001 Phone: 202-516-7800

INBAR GROUP, INC.
Business Sales & Acquisitions
info@inbargroup.com

Main Office

Administration and Mail
209 West 29th Street
Suite 318
New York, NY 10001
Office: (212) 473-5000

Washington DC Office

650 Massachusetts Ave NW
Suite #600
Washington DC 20001
Office: (202) 516-7800

Pennsylvania Office - Philadelphia

Two Liberty Place
50 South 16th Street #1700
Philadelphia, PA 19102
Office: (215) 388-2334

New York Office

1411 Broadway
16th Floor
New York, NY 10018
Office: (212) 473-5000

New Jersey Office

2 University Plaza
Suite #100
Hackensack, NJ 07601
Office: (201) 474-3000

Connecticut Office

177 West Putnam Ave
Ste 12609
Greenwich, CT 06831
Office: (203) 388-5202

Pennsylvania Office - Pittsburgh

1001 Liberty Ave
5th Floor
Pittsburgh, PA 15222
Office: (215) 461-5000

Maine Office

12 Shuman Ave
Suite #10
Augusta, ME 04330
Office: (207) 352-1000

Massachusetts Office

770 Legacy Place
Dedham, MA 02026
Office: (617) 934-8000

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