One of Transworld’s service goals is to not simply list a business for sale, but to proactively market a business to identify a great buyer. So when a buyer eventually inquires on a business for sale, they can come from quite a few places. They may come in through our website listings or Biz Buy Sell, they can come as a referral from a trusted resource in our professional network like an attorney or a banker, or we may even already have been working with the buyer to identify them a business.
However a buyer connects with our business brokerage team, they move through the same initial process. For every single business a buyer inquires about they will be required to sign a non-disclosure agreement or NDA. The NDA helps Transworld to protect the confidentiality of the for sale business and its seller. We are always concerned with following our tried and true processes, because we know how well they work in supporting the confidentiality of a business for sale from the moment its listed to the moment the closing documents are executed.
At the same time we share our NDA with a buyer, we will also ask them some screening questions to understand what they’re looking for and if they are financially capable of purchasing a business. The screening part of this process is important, because we want to ensure that we don’t waste a buyer’s time pursuing a business, when it is simply not right for them.
To learn more about the business sale process, we invite you to visit our website or schedule a free consultation with one of our business brokers today!
Rachael Holstein joined the Transworld Team in 2016 as Marketing Coordinator. Her working experience has been largely focused on Business Development and Marketing in the finance, architecture, property management, and information technology industries. A long time resident of Cleveland, Ohio, she attained her Undergrad from John Carroll University and a Master’s Degree in Global Interactions from Cleveland State University. She relocated to Denver in 2013 for a change of scenery and a bit of adventure.