Run an Auction For Best Price and Terms
Businesses trade at the price where the (best) buyer and seller meet.
For the best price and terms, make a market for the seller’s unique business.
Having multiple buyers bidding for an owner's business is better than just a single bidder. Without competition between bidders a business owner can feel captured if they engage with a single, unsolicited offer. The solution for sellers as they contemplate the sale of their business, is to work through an advisor to actually create a buyer marketplace specifically for their unique business.
For our sellers we execute what’s known as an M&A limited auction process, creating a confidential and competitive selling environment - with the goal of getting the best price and terms for the business seller.
A brief explanation of the process is posted on our site, HERE.