What size and type of company does BCMS help?
BCMS Corporate works with clients that are SMBs – small and medium businesses, ranging in size from approximately $2M to $200M in annual revenue. Each year, BCMS represents hundreds of businesses across every industry imaginable. Some of the sectors we currently represent include: Read more...
How long will it take to sell my business?
We have found over the last 20+ years that with the BCMS process a sale is generally completed within 10-12 months, sometimes it can be less, sometimes a little longer. In the overall world of mergers and acquisitions, many shareholders never manage to sell their companies, while others take many years. The main reason for this is a passive selling process. Without initiating an enquiry process means that you must rely on a buyer approaching you. Not only can this take many years, but it leaves you in a poor negotiating position. Read more...
What is a Sale and Purchase Agreement?
The sale and purchase agreement (SPA) for your business is one of the most important legal documents you'll ever sign. After all, many years of hard work will culminate in this single transaction. You don't want to have difficulties collecting the money you are due or have legal problems haunting you into the future. A carefully constructed SPA can be your best insurance policy for preventing such catastrophes. Read more...
What should I expect in the due diligence process?
Usually, after a buyer signs a letter of intent to purchase a business and the seller accepts the letter, the buyer will have a specified period of time in which to conduct a due diligence investigation of the seller and the company. During this period, your buyer should have access to your financial and other records, facilities, etc., to thoroughly investigate the company before finalizing the deal. Read more...
What is my company worth?
The million dollar question with no simple answer. The easy response would be to state that the valuation of your business is worth a standard multiple of earnings or adjusted profits. However, the right answer is that your business is worth what someone is prepared to pay for it. Motives, not multiples, determine value. The issue is more about negotiation than valuation. Read more...