Solutions for all the Business
BigMindz Business Solutions
About Selling a business
You may want to sell your business for a variety of reasons – better business idea, old age, health, financial difficulties, time constraints, migration, management issues, etc.
No matter how big your business is, we’re here to help you find a buyer. Selling your business could be the largest and most important financial transaction you’re going to make. For many owners, selling their business, which they have spent years building, can be emotionally difficult and sometimes extremely stressful.
We fully understand your situation and are committed to providing you with the best solutions with a high level of integrity. Our highly qualified professional team will take you from preparing your business for negotiation to the actual final sale by identifying the perfect buyer from a number of interested participants. We ensure 100% confidentiality in all our dealings.
Frequently Asked Questions
It usually takes longer to sell a business than a house or a commercial building. The average time to sell a business is usually between 6-12 months. However, there are exceptions. Some businesses may sell within a month of being put in the market. Others may take several years to attract the right buyers. factors such as the time of the year, deal structure, the time of year, the true value of the business versus the price asked, the size of the business and the local market influence the time taken to close a deal.
We seek out and talk to suitable buyers every day. We try to get the perfect one for you. While this may seem like a lot of time, patience is very important in a sale transaction. Some sellers get restless during the process and lose negotiation power with the buyers.
Unlike the sale of a home or a commercial building, businesses do not have a “for sale” sign. Business Sales must be kept confidential; all buyers are required to sign a NDA (Buyer Confidentiality Agreement) prior to detailed information about your business being provided. This is the preliminary step in protecting the seller’s confidential information. We understand that public knowledge of a potential sale can affect the attitude and actions of customers, employees, competitors, lenders, suppliers, or investors, and thus the value of the company. We safeguard and release appropriate information only to parties involved. We will put your business on our website only after your consent. We advertise with or without business name disclosure.
While a smart buyer may be willing to pay a premium for a good business, nobody will overpay. Buyers need to be certain that the revenue and profits can be sustained, they can service any debt, pay themselves a reasonable salary, and ideally, have enough left to grow the business. No matter how good your business may be, the price and terms must fit within the prescribed borders for this to be a good investment.
Determining the ‘asking’ price of your business is one of the most important steps in the process of selling business. If business is overpriced, we may lose serious buyer leads and if it is underpriced, we will lose money. Every seller has some value in mind which may or may not be the price that a buyer would be willing to pay. We strongly recommend a valuation done by an independent agency. At Kapso, we have experience in valuing almost any business. The volume of comparable businesses allows us to give the business owner a very good estimate of value. You may refer to our valuation page for more details.
We will objectively evaluate your business in order to understand its demand. We will have a conversation with you to set the right value for the business. Our experts will then consult the database to check the buyers and contact them with a business proposal. Based on our experience and the feedback received, we can guide you if you are ready to sell the business.
A pre-fixed percentage of fee will be charged for connecting you with the perfect buyer only after the deal is closed. In some cases there may be a small upfront payment based on your package chosen and services to be availed to ensure that you are a serious seller.