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Submitted URL: http://savvybusinessbrokers.com/
Effective URL: https://savvybusinessbrokers.com/
Submission: On December 08 via manual from GB — Scanned from GB
Effective URL: https://savvybusinessbrokers.com/
Submission: On December 08 via manual from GB — Scanned from GB
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Text Content
Skip to content * About * Services * Contact * FAQ * Affiliate Family Main Menu * About * Services * Contact * FAQ * Affiliate Family REPRESENTING YOUR INTEREST THROUGHOUT THE BUSINESS SALE PROCESS Sell A Business Buy A Business ABOUT SAVVY While selling a business can be daunting, we strive to stay one step ahead and reduce your stress during the process. We understand that confidentiality, communication, and guidance are of the utmost importance. Our highly skilled brokers will advise you through the process from setting a value on your business, to strategizing a plan to achieve the best outcome for you, to being there for you at the final closing. Our highest priority is to exclusively represent you, the business owner. Our Brokers Northern & Eastern Wisconsin Listings Southern & Central Wisconsin Listings SERVICES BUSINESS VALUATIONS After learning about your business, gathering financial statements, and researching industry and economic data, Savvy Business Brokers prepares a Broker Estimate of Value report calculating the most probable selling price. We then review this report with you and discuss how potential buyers may value and approach acquiring your business. We also discuss hurdles and opportunities for potential buyers. SELLING A BUSINESS Savvy Business Brokers prepares the business for sale, executes a customized marketing plan, and exclusively represents you, the seller, through a successful closing. Savvy has controls in place to maintain the confidentiality of your business listing while maximizing exposure through local, regional, and national networks. BUYING A BUSINESS Join our network of buyers and subscribe to our newsletter to receive our listings. Subscribe to listings Learn More About Buyer Representation M&A ADVISORY There are many strategic interests that bring companies together such as market and product extension, horizontal and vertical integration, and conglomerate and concentric synergy. Savvy Business Brokers works with business owners to structure a variety of mergers and acquisitions to achieve the optimal outcome. CONTACT US PHONE 608-839-7400 EMAIL Listings@SavvyBusinessBrokers.com OUR LOCATIONS HEADQUARTERS E10890 Penny Lane Baraboo, WI 53913 DANE COUNTY BRANCH 100 Wilburn Road, Ste 103 Sun Prairie, WI 53590 FOX VALLEY BRANCH 210 N Main St Oshkosh, WI 54901 LinkedIn Round Icon Facebook First Name(Required) Last Name(Required) Phone(Required) Email(Required) What are your interests? Buying a business Selling a business What is the specific type of business you are selling, or are interested in buying? Subscribe to newsletter Yes, I would like to subscribe to your newsletter. How did you hear about us?(Required) Comment CAPTCHA Phone This field is for validation purposes and should be left unchanged. PAGES * Buying and Selling Business * Hello OUR BUSINESS BROKERS TJ SAINSBURY, CEPA Partner WI License #94713-94 Email Icon email-round-color LinkedIn Round Icon Book a Meeting DAN GERDMAN M&A Broker WI License #96686-94 Email Icon email-round-color LinkedIn Round Icon Book a Meeting FREQUENTLY ASKED QUESTIONS What’s the difference between a business broker and a commercial realtor? There are three key factors as to why it’s best to work with a Business Broker when it comes to selling your business. 1) Valuing the business: A Business Broker is trained to value businesses using several methodologies and estimate its probable selling price. This process is as much about discovering the salability of the business as it is about the calculation. Business financials can be complex, as there is a lot more to a business valuation than fair rent and square footage. It needs to be presented in an attractive yet accurate manner to potential buyers. 2) Finding the buyers: A good business broker has access to multiple Business Listing websites, leverages regional and local networks, and executes a customized marketing plan to reach as many potential buyers as possible. This is done primarily using a “Blind Profile”—a marketing piece to gain potential buyers’ interest while keeping the name and specific location of the business confidential. 3) Confidentiality: While Realtors are experts in different types of real estate, marketing a business for sale is an entirely different process. If the Agent is not properly screening inquiries and requiring Confidentiality Agreements from buyers, your business and its value are at risk. Listing real estate for sale with the address or pictures is similar to posting a “For Sale” sign in the front window. Customers, employees, and competitors often have a distorted view of a business sale as a sign of weakness or uncertainty. Confidentiality is paramount! What is the process for selling? While selling a business can be daunting, we strive to stay one step ahead and reduce your stress during the process. The first step is a confidential meeting with Savvy to learn about each other. We then calculate the most probable selling price and outline the strategy to achieve the best outcome for you. Once we determine the best time to sell your business, we set up a timeline for future discussions and listing the business for sale. After signing an Exclusive Right to Sell Listing Agreement, we collaborate with you to develop a customized marketing plan. Throughout the process, we exclusively represent you, the Business Owner. How long will it take to sell my business? The average time to sell a small business is nine months, but every business is different. How do I finance the purchase of a business? We discuss possible sources of funding business acquisition with potential buyers and connect them with commercial lenders and private investors. Quite often the Seller finances a portion of the total sale price. What is your confidentiality policy? At Savvy Business Brokers, confidentiality is a top priority. We are regulated by the WI Department of Safety and Professional Services and adhere to International Business Brokers Association (IBBA) ethics at all times. We safeguard non-public information in the strictest of confidence and have controls in place to maintain the confidentiality of Clients AND Customers. How do you determine the value of a business? After learning about your business, compiling financial statements, and researching industry-specific and economic data, Savvy Business Brokers prepares a Broker Estimate of Value report calculating the most probable selling price. Do you have qualified buyers for businesses like mine? Savvy Business Brokers has access to multiple databases of qualified buyers and investors for all types of businesses. We conduct weekly calls with our national network of independent business brokers as well as monthly calls with our partner CPA firm to find potential buyers for active listings. We also receive frequent inquiries from private equity groups, family offices, and individuals seeking business acquisitions. How do you screen potential buyers? When a potential buyer inquires about a listing, we contact them directly to first gauge their level of interest and learn about their background. We also ask general questions such as why they’re interested in a specific business and how much they have to invest. It is our job to weed through the “tire kickers” and find serious buyers. What’s the listing term? The typical term for a full-service listing is one year. What steps do you take to prepare a company for sale? After determining the list price of a business, we gather documents a potential buyer is likely to request (in addition to financial statements). We then format a Confidential Business Review (CBR) or Confidential Information Memorandum (CIM) that summarizes the confidential information presenting the opportunity to potential buyers. Who will prepare the sales contract, a brokerage or an attorney? Savvy Business Brokers writes a non-binding Letter of Intent (LOI). This is a framework of the final agreement the Seller and Purchaser have agreed to. After Due Diligence contingencies are waived, an attorney, usually the Purchaser’s attorney, will draft a binding Definitive Purchase Agreement, or Asset Purchase Agreement. What professional affiliations do you have? Savvy believes its clients will achieve the best outcome by leveraging our professional alliances. Savvy is part of the MBE CPA’s family of companies. It is a member of the International Business Brokers Association and Midwest Business Brokers & Intermediaries. And it is an affiliate of Bristol Group, a nationwide network of independent Business Brokers and M&A Advisors. What methods will you use to market my business? The overall marketing strategy will vary from business to business, and we use every tool at our disposal such as websites, professional networking, and Business to Business (B2B) marketing. The goal is to maximize exposure through local, regional, and national networks. How do you handle meetings with potential buyers? We screen potential buyers during our initial contact and obtain a signed Confidentiality Agreement or Non-Disclosure Agreement (NDA). We are present at subsequent meetings between the Sellers and Buyers. Eventually, Sellers and Buyers often meet one-on-one to come to a meeting of the minds. Do your fees include escrow and attorney fees? Business Sellers and Buyers are responsible for all third-party fees they incur such as escrow and attorney’s fees. Do you provide Buyer Representation? While Savvy Business Brokers usually represents business owners looking to sell and exit, we also help Buyers target, approach, evaluate, negotiate, and acquire businesses when they have specific search criteria to meet their goals. PROFESSIONAL AFFILIATIONS WHAT WE DO * Buying a Business * Selling a Business * Business Valuations * M&A Advisory * Contact Us CONTACT INFORMATION * Phone: 608-345-3715 Email: Listings@savvybusinessbrokers.com WI Real Estate Entity License Number: 938897-91 OUR LOCATION * Headquarters E10890 Penny Lane Baraboo, WI 53913 Follow Us On: * * Facebook Copyright © 2023 Brand House Marketing Notifications