During the initial consultation we get to learn more about you and your business buying criteria. This initial meeting is a valuable part of the purchase process, as it can expedite our work in finding the right business fit for you.
After the initial consultation, our team will enter your information into our database and notify you if there is a business for sale that fits your criteria. In the meantime, you can search insightacq.com to view all of our current businesses for sale.
When you find a business that meets your requirements, you will be asked to sign a Non-Disclosure Agreement (NDA) before receiving confidential information about the business. Once the NDA is signed, we will provide you with a Confidential Business Profile containing detailed information about the business.
After receiving confidential information regarding a given business, a meeting with the seller and a tour of the business will be scheduled. During the meeting, this is a good time to engage with the seller and prepare a list of questions that you would like to ask regarding the business for sale.
After meeting with the seller, we always recommend doing further industry research on the business for sale and then preparing additional questions for the seller prior to making an offer.
If you are interested in pursuing the opportunity further, we begin to help you shape an offer to the Seller.
Arranging financing is one of the most important aspects of buying a business. We work with a variety of proven vendors who assist our clients with financing.
Purchasing a business should always involve assistance from a range of qualified professionals. We recommend that prospective buyers work with financing professionals as well as lawyers, accountants and tax consultants before finalizing their decision.
A variety of financial and legal due diligence items are addressed at this stage. If all contingencies are met and you are satisfied, we help you in signing an agreement and to agree on the final terms of the sale and closing.
Congratulations! In the final and most exciting part of the process, you close on the business and take ownership. In most cases, the seller will provide comprehensive training to ensure the continued success of the business.
