Why Business Broker Use An Auction To Sell A Business?

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Title:

Why Business Broker Use An Auction To Sell A Business?

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The primary grounds for using an auction is usually to enhance the selling price of the company. A auction is seldom found in the actual sale made regarding smaller businesses. – PowerPoint PPT presentation

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Title: Why Business Broker Use An Auction To Sell A Business?


1
Why Business Broker Use An Auction To Sell A
Business?
2
A private auction can be conducted in many
different ways.
Start Here ........
3
Identifying potential buyers. Because of the
likely selling price of the business, the buyer
is more likely to be a business entity than an
individual buyer.
4
After identifying the buyers, contact will be
made with all of the ones that might have an
interest in buying the business. The identity of
the business will be kept confidential.
5
After executing confidentiality agreements and
showing financial qualifications, the buyers are
given another report about the business,
disclosing its identity and giving more details
about its business and finances.
6
The buyers willing to offer the highest price
range, and who are likely to present a final
offer, will be given the opportunity to meet with
the owners, see the business, and given
additional information about the business.
7
The chosen buyers present their final offer and
the sellers negotiate with the best one to reach
a final deal.
8
Hire a professional business broker in florida
from truforte business group who assists in the
buying and selling of businesses
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Trufortebusinessgroup.com