Selling your business is our business
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Resources for Sellers
Aldes Business Brokers are at the forefront of the profession of selling businesses with valued representation for ALL of our clients. Every day, more and more business buyers and sellers demand our proven skills and resources to help them succeed in an increasingly complex market.
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The benefits for sellers: The process is fast – once the Auctioneer is commissioned to do the job, the auction generally takes place within thirty (30) days. Auctions attract qualified buyers – the people at auctions have the means and the desire to purchase the property/business. Auctions create urgency – a time is set for
Privately owned businesses are required to provide a guide in terms of the Promotion of Access to Information Act – Act 2 of 2000. The Bill of Rights of the South African Constitution – Access to Information Section 32 reads as follows: (1) Everyone has the right of access to – (a) any information held
Depending on the structure of your sales agreement when selling your business the relationship with the staff should be treated differently. Broadly spoken there are two ways in which most medium to small businesses are sold: Membership/Shareholding The owner who holds the membership/shares in the CC/Pty Ltd will sell to the buyer his interest in
It is an age old question whether to hold out for cash or to sell your business on terms. In many cases the answer would rather be a result of the owner’s personal circumstances and needs. For instance it would not be sensible to try and sell your business on terms if the net asset
Provide Information Prepare all figures on the business to satisfy the buyer during his due diligence process. Many deals collapse at this stage because of insufficient information or the Seller not being able to prove his profit. The Purchaser will furnish the broker with a letter confirming his satisfaction with the due diligence. Comply with
Aldes Business Brokers have developed a 3-prong approach to valuing a business. They have been successfully using these methods in the market place for the last 25 years. There methods work so well that a number of industry related bodies including the Institute of Estate Agents and a number of business books are now also
The main object of compiling a business report on your business is: To provide a potential buyer with information on the business To cover all possible objections to provide answers To cover any negative aspects of your business To satisfy anyone else that the buyer would be getting advice from To help raise finance A
10 Questions to ask your Business Broker – Ensuring you get the best sale possible. Do you have a valid Fidelity Fund Certificate? The business broking industry is regulated by the Estate Agency Affairs Board. A person may not claim any commission on a transaction if they do not hold a valid Fidelity Fund Certificate.
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If you need further assistance or have any queries contact our head office.
10 Questions to ask our business brokers:
Ensuring you get the best sale possible