Frequently Asked Questions
While each transaction is unique, here are some common questions we hear from sellers and buyers:
Seller: What will I do with all my time?
For some, they find that personal interests long ignored due to the pressures of owning a firm can fill their days. For many owners, it gives them the time to enjoy their family, travel or purchase a different company and start over in a new direction.
Seller: I think I know how much my firm is worth to me, but I am not sure what it is worth to someone else. How do I value my business?
We have several referral partners that specialize in business valuations and we would be happy to make an introduction.
Seller: If the word gets out that this firm is for sale, all of my staff will quit.
CVI’s staff includes individuals who have owned their own businesses and completely understand the need for confidentiality. We require prospective buyers to sign a confidentiality agreement before we disclose the name or geographic location of any of our listings.
Buyer: I’m not sure if I have enough money to buy a firm. How would I know?
We are happy to put you in touch with a variety of financial resources that can help you work through some typical financials to make sure you can make the purchase.
Buyer: There are several categories that definitely do not interest me, but I am not sure what type of business I do want. Where do we start?
The good news is you have eliminated some of the choices and it sounds like you are open to some new ideas. One of the places to start is to review your hobbies and background work experiences. We can help you through the process.
Either Buyer or Seller: I’ve never bought or sold a business. I’m not sure how the process works. Is it complicated?
Not really. While there are multiple steps and they rarely go as quickly as everyone would like, Corporate Ventures, Inc. has been helping put buyers and sellers together for more than a decade. We specialize in managing the process to keep everyone informed and engaged.