Loading Contents...

First Choice Business Brokers’ 10 Steps to Selling Your Business

If this is your first time selling a business, the process can seem overwhelming. That’s why so many Nashville business owners trust FCBB to make sense out of the selling process. These ten steps are a great place to start:

  1. Schedule a free, no-obligation appointment to meet with an FCBB Nashville agent.
  2. Gather documents requested by your agent to review during your meeting.
  3. Answer a comprehensive series of questions designed to develop a clear picture of your business as well as the approach we’ll take to generate interest from potential buyers.
  4. Determine the market valuation/price for your business utilizing FCBB's proven valuation methods.
  5. Sign Listing Agreement authorizing FCBB to represent you in the sale of your business.
  6. Approve listing marketing and advertising as well as potential terms offered.
  7. Buyer inquiries and the buyer pre-qualification process (including the signing of a Buyer Confidentiality Agreement) will be handled by FCBB.
  8. Arrange meetings with prospective buyers; handled by FCBB.
  9. Write and/or present offers and negotiate contracts; assisted by FCBB.
  10. Manage the timeline from offer acceptance to closing (transfer of ownership to the buyer); handled by FCBB.