No one wants to waste time with “tire kickers.” At Gateway Mergers & Acquisitions, we screen potential business buyers. We make sure they have the right skill set and financial capabilities to acquire your business. Your business’ identity and summary financial information will remain strictly confidential until buyers have passed through the screening process and signed the confidential agreement. In doing so, we can protect the confidentiality of your business sale. Educating buyer prospects about the importance of confidentiality for them as well as the business can lessen the risks of your employees and customers finding out about the sale of your business before you are ready to tell them about it.

 

When people outside the transaction know about the sale, it can affect the business, employee relationships, and customer relationships. If revealed too soon in the process, the transaction can lose momentum and viability.

 

Tens or hundreds of people will inquire about your business. Out of these people, only a small percentage are viable and capable of the making the purchase. Some are the previously mentioned tire kickers. Some simply lack the courage to leave their job security and all of its benefits to become an entrepreneur. Others may be capable but move more slowly as they don’t know what type of business they want to purchase. Your Gateway Broker will ensure you are meeting only the most serious, skilled, and financially capable potential business buyers while you remain focused on running your business.

Tags: business brok, Buying, Selling