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Preparation and Valuation
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Platinum Partners Group will help you gather the right information to get the most reliable third party valuation. Knowing what information can affect the price of your business is critical to getting the most for your business.
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We will prepare a professional valuation of your business to determine its fair market value and ensure that it's priced appropriately, normally resulting in a faster sale.
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We also create a complete Offering Portfolio that provides more information about your business than what appears in a typical one-page MLS form used by most brokers. We include the type of detailed information that a registered, qualified buyer will want to know to help them make a decision. Our experience is that this unique service helps us sell your business faster and for more money. Spending more time and attention preparing your business for sale results in a smoother sale process.
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Marketing
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If we don't already have a buyer qualified to buy your business, we design a custom plan to promote your business to likely buyers. This may include targeted marketing, direct mail, consumer and/or trade advertising, etc. as appropriate.
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The advertising of each business will depend upon the size and type of business. BBN Affiliate Brokers use several media to solicit prospective buyers, including local and national newspapers, including the Wall Street Journal, trade publications and the internet.
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We also directly market your business through our global network of BBN affiliates, meaning that you have hundreds of offices and brokers working with us to find just the right buyer.
Because we share our Clients with over 450 other Business Intermediaries and Brokers across the country, we literally have hundreds of buyers’ nationwide.
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As a client, these networks enable us to provide you with access to the broadest number of qualified, potential buyers or sellers - something you just can't get with many local business brokerage firms. Instead of having access to only the local market, we connect you worldwide.
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Completing the Sale
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We understand the importance of maintaining confidentiality, so information about your business is shared with potential buyers in stages only as their level of interest heightens. We disclose no confidential information without signed Confidentiality Agreements, and work toward full disclosure with either an Offer to Purchase or a Letter of Intent.
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We use our banking contacts to assist the buyer in arranging financing. This includes traditional financing, seller financing, or SBA small business loans to name a few.
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Creativity can be a key component to ensuring all the pieces come together, and by tapping into the vast resources that BBN provides to Platinum Partners Group, you have a much greater chance of completing a successful transfer of business ownership.
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We have all the forms and documentation needed to finalize the sale and transfer ownership, leaving you to with little to worry about.
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