Selling a business is a big decision, especially for a founder whose legacy is at stake. Sharp End Growth Partners is uniquely positioned to fill a void in the current market of potential buyers. It’s a big decision, but it doesn’t have to be hard.
Here’s a look at the process of selling a business:
Step 1: Get in touch!
Give us a call at (315) 335-1243 or fill out our contact form. We’re always available to chat confidentially about your situation. In our initial call, we’ll talk at a high level about your business and your goals.
Step 2: Intro Meeting
Based off our initial call, we’ll schedule a meeting to talk face-to-face. We’ll hop on a plane and come to you to dive deeper into your business and plans going forward. We want to build a relationship. Oftentimes, we can arrive at a ballpark value for your business at this meeting.
Step 3: A deeper Understanding
If both parties are still interested after our meeting, we’ll spend some time better understanding your business. We’ll sign a Letter of Intent that permits us to confidentially review the key details of your business.
Step 4: Agree on Terms
Once we’ve developed a strong understanding of your business, we’ll be in a position to agree on final terms. Our goal is to arrive at a price and deal structure that is favorable for both parties. In addition to equity, we can explore debt and seller financing where appropriate.
Step 5: Close
The final is step to draft the documents and close the deal. We’ll have a post-acquisition plan in place so we’re ready to hit the ground running.