Step5:
Finding the Company

Once you find a company for review, an profile exchange between you and the seller will occur to gauge initial interest to pursue further discussions. This profile exchange will be managed by a NACBB broker.

The buyer will receive the Owner's Profile: which lists the company, it's general location, it's product offering or service, summarized financial statements, market valuation reports, etc.

Likewise, the owner will review the Buyer's Profile: which includes the buyer's financial statements, resume, and checked references.

This exchange will occur when written consents from both parties have been obtained.

What happens next?

If after the initial review the buyer and seller agree to continue discussion, the NACBB broker will arrange for the respective parties to meet. The buyer will visit the seller's business and enter into a due diligence review as outlined under Step 3.

The Buyer may hire an independent CPA, Attorney or other professional to complete the due diligence review. The NACBB broker can represent the seller in this transaction and will address questions and issues raised by the buying team. However, if the seller transaction is not associated with NACBB, we can facilitate the buyer through the due diligence process.

There may be one or more successive visits by the buyer before moving to close the transaction.