The 9 Stages of Buying Or Selling a Business

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Name: The 9 Stages of Buying Or Selling a Business
Date: October 27, 2020
Time: 10:00 AM - 11:00 AM MDT
Registration: Register Now
Event Description:
Buyers and sellers will benefit from understanding what lies ahead in the transaction of a business.  While each sale has its unique twists and turns, most transactions will follow a similar 9 stage path, from initial exploration to final closing.
 
This program will identify those nine stages for both buyer and seller to provide an understanding of, and confidence in, the upcoming experience.
 
Business transactions can be full of surprises, and they can put a lot of stress on both buyer and seller.  Understanding the timelines and processes that lie ahead can prepare both sides and help them achieve the ultimate goal of closing the deal.
 
Buyers and sellers want the same thing, to close the transaction.  But they have very different needs which must be aligned, or at least taken into account.  The more that they share an understanding of the process, the greater the chance for success.
 
Given the need to prepare for the sale, identify and qualify buyers, receive offers, move through contracting, perform due diligence, acquire financing and get to closing, it is uncommon for a business transaction to occur in less than four months following listing. Six to ten months is a common time frame, and a more complex transaction can take a year or more.
 
The 9 steps of a business sale are:
1. Initial Exploration
2. Listing and Market Readiness
3. In the Market
4. Buyer Initial Due Diligence
5. Offers to Purchase
6. Extended Due Diligence
7. Purchase Agreement
8. The Drive to Closing
9. Post Closing

Plenty of time for Q & A!  
 
Location:
Zoom Online Workshop - You will receive Zoom access within 30 minutes of start time. 
Date/Time Information:
Tuesday, October 27th 
10:00 am - 11:00 am 
Contact Information:
Amira Watters - 303-996-8976
Fees/Admission:
$10 Donation is greatly appreciated.
If you are experiencing extreme financial hardship due to COVID-19, please choose the COVID-19 Hardship option during registration. 
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