To
give a
maximum chance of sucess of buying a business there are
several distinct stages to follow.
1-
Determining the target.
2- Signature of an agreement with COUR
CARRÉE.
3- Determining the budget and the financial means
available: own funds, investments funds, bank loan.
4- Deciding on the best marketing strategy to find
the best opportunities.
5- Searching for appropriate databases.
6- Drawing up complementary strategy to find out
other sellers.
7- Contacting potential sellers in order to
financially qualify them and have them sign Confidentiality/Non
Disclosure
Agreements. (CA's and NDA's).
8- Creation of the Confidential Business Review
with sellers if the case rises.
9- Providing timely turnarounds on additional
information requests.
10- Coordinating "principal to principal" meetings.
11- Providing appropriate complementary information to potential
sellers.
12- Interfacing with the buyer(s)'"team".
13- Assisting negociations and answering requests of potential sellers.
14- Providing Buyers with guidance in drafting Letters of Intent.
15-
COUR CARRÉE facilitates the buyer’s Due Diligence
process.
16-
If the case rises organizing temporary management.
17-
COUR CARRÉE and Principal decide on deadline for offers.
18-
COUR CARRÉE coordinates outside legal council preparation of
legal documents.
19-
COUR CARRÉE coordinates all Parties keyed to a mutually
agreeable Date of Closing.
20-
Actual Closing.
21-
“Post Closing” agreements in Place (Non Compete,
consulting, etc...).
Completing
a
satisfactory transaction is seldom the result of happy coincidence. It
is the result of a disciplined, professional strategy that typically
provides multiple appropriate sellers, multiple appropriate offers and
a “win-win”
situation for Buyer, Seller, Employees, Customers and all others
involved.
SERVING
CENTRAL AND WESTERN EUROPE FOR OVER 10 YEARS
To
give a
maximum chance of sucess of buying a business there are
several distinct stages to follow.