THOR Group and the Buyer
THOR Group prefers to talk to people in person, and the
buyer is no exception. During an initial meeting,
The THOR Group will typically request the prospective
buyer complete a Personal Profile and answer questions
such as these:
you have the necessary funds to buy a business?
the cash readily available?
is your time frame for buying a business?
are you expectations about the purchase of a
are your best skills, and what types of work do you
like to do?
this fact-finding meeting, The THOR Group can then show
the buyer businesses that are both feasible and that fit
the buyer's requirements. Further steps The THOR
Group will lead the buyer through are as follows:
sellers are very concerned about confidentiality,
The THOR Group will ask the prospective buyer to
sign a non-disclosure or confidentiality agreement.
THOR Group will provide the prospective buyer with
preliminary information about one or more
businesses, including pertinent financial data.
the buyer has indicated strong interest in a
particular business, The THOR Group can then supply
additional information and arrange for the buyer to
visit the business.
the buyer is ready, The THOR Group will be the best
source for answering questions, addressing concerns,
resolving loose ends, discussing deal structure, and
offering unique expertise about the business sale
THOR Group and the Seller
it comes time to sell, one of the best decisions a
business owner can make is to continue managing his or
her business efficiently (and profitably), while
depending on the services of The THOR Group to
orchestrate the steps of the sale. To make the
seller's job easier and more effective, The THOR Group
the seller on pricing. The THOR Group can assist
in placing a realistic price on the business and
incorporating intangibles: thus reducing the
danger that every sellers fears - under pricing the
business. In this effort The THOR Group works with
the seller to obtain an independent business valuation
report to determine the proper value.
a marketing strategy and offer advice about necessary
marketing tools, such as a Confidential Memorandum
describing the essential business information a serious,
qualified buyer will need. In fact, The THOR Group
will help the seller in all key aspects of presenting
the business as effectively as possible. Later,
The THOR Group also can help in the structuring of the
the right buyer for a particular business.
For locating and qualify prospective buyers, The THOR
Group uses computerized databases to access
comprehensive lists of local, national and international
buyers - all to increase the chances of selling a
business at peak value.
offers and point out both the strengths and weaknesses.
The THOR Group will be a vital advisor during most
stages of the negotiation.