Business Exit Companion helps you prepare for a business sale by supporting the owner through the sales process and by ensuring that the business will pass the due diligence. The sale of a business has four distinct steps, with a go/no-go at the end of each step, as detailed below:

• Agree process and timeline with owners
• Identify potential investors and agree go to market strategy
• Agree on information that will be provided, normally in the form of an information memorandum
• Prepare information memorandum
• Set expectations of owners’ requirements for sale with potential investors
• Sign NDA with investors
• Distribute information memorandum and respond to initial questions
• Agree with owners on indicative offers that will be taken to the next step

• Negotiate term sheets
• Agree with owners on single offer that will be taken to due diligence

• Set-up data room (electronic). Owners to provide all information
• Review completeness and accuracy of information in the data room
• Mange questions and responses to questions

• Review final offer
• Negotiate items on final offer
• Review sales contract
• Execute sales contract