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Sell Business Indiana

Sell Business Indiana is a resource for Indiana Business owners looking to sell their Indiana business and need an Indiana Business Broker. Sell Business Indiana is a Sunbelt Indiana site, and they also specialize in mergers and acquisitions.

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Sell Business Indiana -Part 2

Tue, 15 Jun 2010 20:00:00 +0000

Business Sales ProcessPresented by Sell Business IndianaThe following is a step-by-step summary of the typical business sales process:1. Initial seller meetings are conducted by the seller's broker (a professionally trained business broker, holding a Real Estate license where necessary) and the seller is educated on the process of selling a business.2. Market analysis, appraisal, evaluation.3. A Representation Agreement is filled out by the seller's broker & signed by the seller. Immediately after signing the Representation Agreement, the Seller provides the Broker the following:a. Complete lists of all equipment and other assets to be included or excluded in the sale.b. Profit and loss statements, balance sheets, and tax returns of the business covering the last three years.c. The most recent interim profit and loss statement, balance sheet, and sales tax returns.d. Real and personal property leases.e. Copies of all patents, licensees, loan documents, contracts or agreements.f. All agreements relating to employee benefits.g. Any environmental reports.h. Copies of all other documents needed to present a fair and accurate description of the business to prospective buyers.----------------------------------------------------------------------------------More detailed information about Indiana Business Brokers, Mergers and Acquisitions Indiana can be found at Sell Business Indiana-----------------------------------------------------------------------------------4. During the representation period, the seller must update each document when any material change has occurred. Seller consents to broker publishing, advertising or distributing information about the business to prospective purchasers and to cooperating brokers as well as to contacting landlords and any others regarding any of the information about the business.5. Seller's broker writes a narrative on the business. The Representation Agreement is entered into the Sunbelt proprietary database, and a Business Profile is created. Seller's broker introduces the Business to all of our other brokers during weekly office meetings.6. All other brokers match the Seller's Business Data (SBD) against buyers in their respective queues (Buyers who have previously been interviewed, signed a Confidentiality Agreement and filled out a detailed Buyer's Profile). Seller's broker plans an advertising strategy and the SBD is added to web sites in such a manner so the general public cannot identify the business.7. Buyers in queue and buyers who have responded from the advertisements will have their backgrounds and finances evaluated to determine if they are qualified buyers. If qualified buyers are interested in the business for sale, they will be shown a Business Profile. If further interest is shown, the seller's broker will arrange a meeting with the seller.----------------------------------------------------------------------------------More detailed information about Mergers and Acquisitions Indiana, and Indiana Business Brokers can be found at Sell Business Indiana-----------------------------------------------------------------------------------8. If a buyer wants to make an offer at a fair price, the buyer's broker will write the offer and secure a deposit.9. The seller's broker will present all offers to the seller.10. Seller and seller's broker will review each offer and decide whether to accept it or counter the offer. If seller wants to counter, s/he can:a. Mark up the original offer, initial the changes and sign the offer.b. Sign the offer; check the counter offer box on the offer and write-up a counteroffer.c. Re-write the offer.11. Once an offer is accepted, the seller's broker will arrange a seller/buyer meeting where the seller's and buyer's Disclosure Statement is discussed, questions are answered and the statement is signed by both parties.12. Due diligence starts once an offer is accepted and the seller's and buyer's Disclosure Statement is completed.a. If the due diligence proves the business to be as represented, the buyer signs the Conditions Removal.b. If the[...]

Sell Business Indiana podcast

Sat, 12 Jun 2010 02:13:00 +0000

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Buy a Business in Indiana

Tue, 08 Jun 2010 18:18:00 +0000

Buy a Business

Have you considered being your own boss? Creating your own financial independence? Making your own dreams a reality? You're not alone. Owning your own business is the "American dream." However, the reality is buying a business is a serious financial and personal commitment that requires an understanding of what makes a business successful. All too often, new owners jump blindly into a business venture, only to be overwhelmed by the tremendous workload of starting a business from the ground up. A government survey shows that 60% of new businesses fail within the first three years. An existing, established business that is purchased by a new owner shows a lower failure rate.

Are You an Entrepreneur?

Traits that typically characterize an entrepreneur are:

• An entrepreneur is very independent.
• An entrepreneur is a visionary.
• An entrepreneur accepts higher risks.
Why Buy an Existing Business?

From understanding the reasons an ongoing business can provide positive cash flow to the inner workings of new owner financing, Sunbelt Indiana Business Resource can make your dreams reality. With the right negotiations, a business can actually pay for itself. Let Sunbelt Indiana Business Resource show you how buying a business can offer you:

• Established credit history and relationships with vendors.
• Trained employees.
• Established customer base and reputation.
• Existing licenses and permits.
• Actual operating results, rather than projected results.
• Immediate cash flow from the ongoing business activities.
• Return on investment in one year.
• Training provided by the seller.
• Financing provided by the seller.
What To Expect When Working With A Sunbelt Indiana Business Broker?

Business brokers prefer to talk to people in person, and the buyer is no exception. During a preliminary meeting in the business brokerage office, the broker will typically ask the prospective buyer questions such as these:

1. Do you have the necessary funds to buy a business?
2. Is the cash readily available?
3. What is your time frame for buying a business?
4. What are your expectations about the purchase of a business?

After this fact-finding meeting, the broker can then show the buyer businesses that are both feasible and that fit the buyer's requirements. Further steps the broker will lead the buyer through are as follows:


Since sellers are (rightly) concerned about confidentiality, the broker will ask the prospective buyer to sign a non-disclosure or confidentiality agreement.

The broker will provide the prospective buyer with preliminary information about one or more businesses, including pertinent financial data.

The broker will arrange for the buyer to see businesses of interest.

Once the buyer has indicated strong interest in a particular business, the broker can then supply additional information and schedule further on-site appointments.

When the buyer is ready, the business broker will be the best source for answering questions, addressing concerns, resolving loose ends, and offering a business broker's unique expertise in the business sale transaction.(image)

Sell Business Indiana

Tue, 08 Jun 2010 16:54:00 +0000

Sell Business Indiana The Best way to Sell Your Business Deciding to sell your business is the easy part. How to go about selling it is another project altogether. Sunbelt Indiana Business Resource has been in the business of selling businesses for over 25 years and our knowledge and experience will help you achieve your goals through our main site and our sell business Indiana web site. The Sell Business Indiana / Sunbelt Indiana Business Resource (Indiana business brokers) are well-trained professionals who are aware of your needs. In fact, many of our brokers have experience as business owners. Whether you are ready to sell your Indiana business now, or are just beginning to consider selling, call us for a confidential, no-cost appointment. We will be happy to answer any questions you may have. Let Sunbelt Indiana Business Resource/sell business Indiana confidentially list your business for sale today! Contact us and one of our business brokers help you get started. Still unsure? You can Learn more about the business sales process before contacting one of our business brokers. Why Should I Use a Sunbelt/ sell business Indiana Business Broker When I Decide to Sell My Business? We are a member of the Sunbelt network that, by its very nature, helps to ensure the quickest possible sale of your business: Our Name: Sunbelt Indiana Business Resource has the ability to support the sale of your business from the signing of a Representation Agreement through closing. Our awards recognize our achievements. The Sunbelt network has been rated the top business brokerage firm since 1995. The January 2008 edition of Entrepreneur Magazine ranks us as the preeminent business brokerage firm once again. Our Exposure: As a member of the Sunbelt network, we place your business in front of a multitude of business brokers across the globe. Each Sunbelt office can confidentially access your listing and help promote the sale of your business at the best price possible. By using our proprietary website, our network is connected to an average of 12,000 business for sale listings. Learn more about how this technology works for you by clicking on the sell business Indiana link. Our Edge: A large number of brokers in the Sunbelt network are former business owners or high-level managers. They understand the concerns expressed by business owners in regard to the sale of their businesses. We provide you with practical answers to the basic questions all sellers ask: • What is my business worth? • What kind of financials do I need to provide when I sell my business? • How do I ensure confidentiality? • What is the most effective way to find qualified buyers? • What kind of financing is available to help me sell my business? • How do I deal with "off the books" transactions? • How do I screen buyers? • Will I have to carry a note when I sell my business? Our Method: Everyone, from the Sell Business Indiana Site /Sunbelt Indiana Business Resource franchisee to each individual business broker, is trained by Sunbelt in the specific business brokerage disciplines that produce results. Consultation on a variety of business issues is available at your request as your selling process evolves. Selling a business is an intricate process that requires a very specific expertise as well as the ability to solve problems in a practical yet creative manner. We do realize, however, that all businesses are unique and that applying a "cookie-cutter" approach will not be the most effective method. We always try to tailor our marketing and procedures to accommodate the needs of your business and your concerns. Our intent is always to keep you informed and involved in the sale of your business. We know you want the freedom to concentrate on your business while we find you the right buyer. Sunbelt Indiana Business Resource (SIBR) is a privately held business brokerage and merger and acquisition firm. It is owned and operated by Larry Metzi[...]