At Tate Business Brokers our goal is to help you achieve your goal.  If you are considering selling your business we want to be your trusted, professional partner in the process.  If you are considering buying a business we want to assist you in the process of finding the right business for you.

Selling a Business

As professional business brokers and consultants, we take the time to understand your business and what your goals are.  We then review the financial statements and other business information with you to arrive at the appropriate asking price for the business as well as the terms and structure of the deal.

Next we will develop a Marketing Brief for your business to be distributed broadly to prospective buyers, ensuring broad exposure and maximum buyer interest.  The Marketing Brief does not provide enough information that a prospective buyer could determine specifically which business is for sale, but it does provide enough information that the prospective buyer can determine if they wish to pursue an acquisition further. 

Prospective buyers are reached by Tate Business Brokers through numerous means.  We have a proprietary database of hundreds of buyers that have provided us with Confidentiality Agreements and other financial and experience information; we purchase additional databases of buyer information; we network extensively with attorneys, accountants, private equity groups, public and private corporations, and high net worth individuals; we advertise on numerous business for sale websites; we advertise in numerous newspapers, magazines, and other publications; and we direct mail/email hundreds of buyers about business opportunities.

Those prospective buyers who pursue your business further will be provided with a Comprehensive Business Review, but only after completing the appropriate Confidentiality and Non-Disclosure documents as well as providing us with additional information that is used to screen buyer interest.  We will answer buyer candidate questions as well as further evaluate interested buyers.  This process allows us to locate the right buyer out of potentially thousands of individuals, private investment groups, and corporations. 

After the right buyer has submitted a letter of intent, the next step would involve us arranging an initial meeting between you and the interested buyer for both of you to get to know a little about each other. If you feel that this buyer has the necessary abilities, motivation, and fit then we will work with the buyer to allow more detailed information to be exchanged, including site visits conducted in a manner to maintain confidentiality.

After verification of financial and operational representations and resolution of all issues, the purchase agreement is signed.  Often the buyer will need assistance in finalizing financing, and we will be available to accommodate both the buyer and his lender.
 
When final due diligence has been conducted and financing is approved, we will schedule the closing date with you.  We will review all final documents and follow-up on all items necessary to complete the transaction. 

Buying A Business

Buying a business can be an overwhelming and difficult task.  It takes a lot of courage to make the leap of faith required to purchase a business and many don't know if they have what it takes to make that leap until the process is underway.

If you're considering buying a business you should have a valid reason for doing so.  It might be one of the following or it might be your own unique reason:

• You want to control your own future
• You want to work for yourself, not someone else
• You want to make better use of your abilities
• You want more financial opportunity than you currently have
• You want a business that will allow you the lifestyle you're looking for

If you have given it careful consideration and have decided that buying a business is right for you, seek professional help.  A professional business broker has been through the process and can help you to be in business for yourself.

To begin the process with Tate Business Brokers call or email us.  We look forward to working with you.

Tate Business Brokers
P.O. Box 707
Lowell, AR 72745
Phone (479) 633-0500
Fax (479) 633-0501
vtate@tatebrokers.com