|
Overall Business Buying Process at Foran Consulting
|
- Download the Confidentiality & Buyer Qualification forms & fax completed forms to 866-229-5711.
- A Buyer Consultant will review your Buyer Qualification form to ensure it meets the requirements of a specific Seller.
- For Qualified Buyers, a Buyer Consultant will either arrange to meet with you in person or via the phone &/or
Webex to:
- Discuss the business buying process
- Discuss the types of businesses you are interested in
and the criteria that will best meet your skills, financial requirements, and family lifestyle
- Provide Information
about the requested business(es). Usually in the form of a Confidential Business Review presentation
- A Broker
will discreetly tour the business with you and introduce you to the Seller (Usually after business hours)
- A Broker will provide
consultation and guidance to direct you to financing sources.
- While always representing the Seller, a
Broker will work with you to:
- Negotiate the price, terms, and conditions of a "Purchase & Sale Agreement"
including contingencies for financing, due diligence, etc.
- Advise you to seek legal and CPA advice.
- A
Broker will work as an intermediary to obtain from the Seller required confidential documents needed by you and your
advisors to complete the Due Diligence process
- A Broker will work with Buyer, Seller, and Third Parties, to
clear all other contingencies
- A Broker will review information and settlement documents with closing attorneys
for close of escrow
|