Selling / Exiting Business
There are many reasons to exit a business
- Retirement
- Lifestyle change
- Health issues
- Trouble with vendors
- Debt
- Burnout
- Low wages
- Decreased sales
- Smaller profits
- Employee turnover
- Increased competition
... but only four ways to exit a business
Sell to a new owner, Sell to family, Declare bankruptcy, Hire professional liquidators
The Liquidation Process Initial Consultation.
We get to know each other:
- We discuss your needs and answer questions
- We send you brochures and other information describing our process.
- You tell us about your situation by filling out our questionnaires
- We provide information on the liquidation process worldwide:
- We discuss the four exit strategies
- We analyze your situation and discuss sales projections
- We provide non-legal advice for debt consolidation strategies with your vendors
- We offer any other liquidation consulting services you require.
We decide our services meet your requirements
- We submit a proposal.
Planning the Sale
Once you accept our proposal we discuss:
- The best time and duration for the sale
- The advertising plan
- A labor plan so you will have the correct number of staff at the right time.
- An inventory plan, so the quantities and types of inventories will bring you the highest rate of return.
- An inclusive markdown strategy designed for your inventories.
