Sell Your Business
retiredcouple.jpg

SELLERS: For years its been your baby. You built it with blood, sweat, and tears. Through good times and bad, you planned, you executed, you delivered. You are proud of the business that you built, but although you own it, it also owns you! Maybe it's time for the next phase of your life.
 -
There are many reasons why people sell businesses. If you're interested in selling your business in the near future, or if you are simply interested in knowing how much your business is worth in today's market, please fill out the form below, and someone from Foran Consulting will be in touch with you to schedule a confidential free initial consultation.

Overall Business Selling Process at Foran Consulting

  1. Contact us at 512-501-4378 to schedule an appointment for a Confidential Free Initial Consultation. 
  2. At the Initial Consultation a Broker will discuss with you & other decision makers:
    1. Your business (Products, Services, History, Motivation for Selling)
    2. Your goals, objectives, and expectations
    3. Our standard fees & services offered by Foran Consulting throughout the business selling process
    4. Identification of the ideal buyer profile
    5. Managing confidentiality & minimizing risk of breach (Seller, Broker, Attorneys, CPAs, Buyers, Buyers Advisers) 
    6. Initial concepts for both passive and active marketing programs to reach your A, B, & C Buyers.
    7. When we have earned your trust, we will discuss items needed to perform a detailed Business Valuation and schedule a follow up meeting.
  3. At the Business Valuation Meeting the Broker will discuss:
    1. Business Valuation concepts & terminology
    2. Detailed Valuation performed for your business as well as key assumptions and variables
    3. Actions the Seller can take to maximize the value of the business and improve its marketability
  4. During the Listing Agreement Meeting. (Usually occurs simultaneously with Valuation mtg.)
    1. Review key items from the Initial Consultation including our Services & Fee Schedule
    2. Review the Listing Agreement (Employment Agreement) terms and conditions
    3. Discuss more detailed plan to confidentially market the business to qualified buyers
    4. Schedule weekly status update 
  5. Schedule Buyer Tour and Introductions (Discreet, how-do-you-do, show & tell, high level Q&A) (Usually after hours)
  6. Weekly Status updates
  7. We will represent you the Seller to negotiate the price, terms, and conditions of a "Purchase & Sale Agreement" including contingencies for financing, due diligence, etc.
  8. We will work as an intermediary to provide from you the Seller those confidential documents needed by buyer and buyer's advisors to complete the Due Diligence process
  9. We will support Buyer where possible to secure financing sources, clear all other contingencies, and other activities that are in the Seller's interest 
  10. Review information and settlement documents with closing attorneys for close of escrow
Print

Confidential Contact information:
First name:
Last name:
Email address:
Telephone number:
Mailing address:
Best way to contact you:
Basic Information about your business:
Business type:
# of Years in Business:
# of Years Under Current Owner:
Number of Employees:

Annual Gross Sales $:

Seller's Discretionary Earnings (SDE)$:

% Seller Financing:
Business Description:

Note: SDE is the annual amount of total cashflow the business generates for the owner of the business. It is essentially the Net Income before Interest & Taxes, but adding back depreciation, amortization, and all compensation, and benefits to the owner (including Car Allowance etc.).

TABB.gif