Fundamentals of buying and selling a business

This comprehensive overview aims to equip participants with the knowledge and tools necessary to navigate the complexities of buying and selling a business effectively.

Preparation Phase
• Preparing Your Business for Sale: Steps to make your business attractive to potential buyers, including financial audits, streamlining operations

Valuation
• Business Valuation Techniques: Methods such as market comparisons, asset-based valuation, and income approaches.

The Sales Process
• Marketing the Business: Strategies for finding buyers, using brokers, and advertising the sale.

Due Diligence
• Due Diligence Process: Steps to thoroughly investigate the business being bought or sold, including financial, legal, and operational due diligence.

Closing the Deal
• Finalizing the Transaction: Steps to close the deal, including final negotiations, signing the agreement, and transferring ownership.

Presented by: Joel Friedman

A business development professional with extensive experience in the Franchise Industry. Joel has a track record of establishing and improving processes that result in a tremendous amount of success in sourcing, following-up and negotiating, revenue- generating new business initiatives. Extremely resourceful, manages by empowerment and strives to set and meet individual and team goals.