Get Ready for Selling Your Business
The Image is from a Listing on my former Business Broker website.This Ski & Snowboard Equipment Manufacturer sold in 28 days
Prepare Your Business to Sell
The Goal - Sell Your Business Faster and Protect your Asking Price.
The Biz Exit Pro helps business owners prepare for the best results from their business disposal and at lower cost.
- List with Power
- Sell with Confidence
- Get Quick Listing Reactions
- Avoid Asking Price Reductions
- Understand Placement
- Know Terms like SDE, SDCF, EBID(T)A, CF
- Negotiate Commissions
- Study the Marketplace and Competition Ads
- Make your Broker (if you use one) Work for You
- Ask for Your Stats Regularly
- Review your Broker's online Reputation
- Consider Biz4Sale by Owner Options
Testimonials:
“Richard nailed it. Well marketed, well managed and well sold. Thank you! ”
– Grif Kohlberg, Spawlash, Thornton CO
"Richard is a gem and I can’t imagine working on a deal like that without him! Call him today. Let him help you. You will be so glad you did. Get your life back!”
– Alesa Wittlief, former owner, Cannon Mine Coffee, Superior CO
“Richard is one of the best business mentors and business brokers there is. He has helped clients from purchase, start-up, through business plans, strategy, market re-positioning, growth and disposition for sale.
– Katie Beamon – Realtor® Home Love Colorado, Fort Collins, CO
"Richard Feist couldn’t have been more professional nor had more patience!!! Thank you, Richard!!! You can count on us referring CBL to anyone in need of your services!!!”
– Dave DeOreo, owner Longmont Memorials, Longmont CO
“Selling a business is tough. Buyers demand the kind of detail I never imagined. Richard systematically waded through the sales process professionally and efficiently. I don’t think I could have done it on my own.”
– Bill Leuchten, former owner Front Range Anglers, Boulder, CO
“Selling a multimillion dollar manufacturing company that was widely brand recognize presented challenges for complete confidentiality while, at the same time, getting the job done. Richard took over finding the buyer and getting the terms and timing that were acceptable to us, and he left the running of the business to us. His confidence in accepting the challenge and his ability to create the deal were exemplary of someone who definitely knows his business. I have nothing but the highest praise for Richard, his ethical standards, his methodology and his ability.”
– Tim Riley – former COO, Body Bar
THERE ARE MANY MORE, BUT LET'S NOT BRAG
Whether it is for retirement or moving on to your next business phase, there are preparations you might consider. As a recovering business broker, I've seen the best and the worst of business preparedness for selling. This site is Business Exits 101. If you are interested in 101.1 you will have my knowledge in your back pocket. We can meet, discuss, plan and get your business ready to hit the market running. Do not depend on a broker to get that done for you. The broker's goals are to get the listing and its potential commissions foremost. Sometimes that means elevating the asking price (enticing expectations) regardless of the competitions' pricing metrics. In reality ignoring the comparative price / earnings ratio and gross revenue / asking price comps equals more time on the market and a likely asking price reduction down the road. Both can be fatal. You can afford me because I don't charge commissions and our fee menu is based on services the client designs. You might even be able to be your own broker. As I said up top - I'm a recovering business broker (making amends).
Richard Feist, CEO & Biz Exit Pro
PS - One final Testimonial - "I will certainly remember how you framed our retirement – Bonbon's! It was an amazing process and you completed it within our selfish schedule, which you promised you could not promise. You were great to work with and John and I hope our paths cross again. We’re moving away and off the grid, and you’re invited." Carol Lynn Edrington, former owner Colorado Cottages, Estes Park
