Of course, the cash received at closing is the single most important consideration however there are many other issues, which we encourage our clients to consider:
- Any unusual business agreements, issues, or relationships that need to be addressed with the buyer before the closing?
- Is there an interest in retaining any ownership?
- Is there an interest in continuing to run the business post-sale? If so, what is the preferred amount of time?
- Is there an interest in receiving a seller note as part of the overall sale proceeds?
- Would you object to selling to a competitor, as they will know of your customers, your margins, your employees, and your method of operation BEFORE the sale is completed?
- Is there a preference to sell to a buyer who will need your staff? If so, a competitor may not need them as your operation could be folded into their existing operation.
- Any assets on the company balance sheet that are not essential to the operation of the business that you would like distributed to you?
- Is there a Profit Sharing Plan distribution or rollover that needs addressing?
- Are there any tax considerations from the sale that would be prudent to discuss with an advisor before the sale?
The Montana Group does not charge a retainer so its success-based only fee is motivating and mutually beneficial. Contact us for a complimentary valuation. In our 26 years we have many many successful transactions that started with a similar introduction.
