SouthStar Business Group

v Sign Confidential Non-Disclosure Agreement – Sellers require this critical step in order to preserve the value and integrity of their business. This will allow review of current business for sale opportunities.

v Buyer / Seller Meeting – SouthStar to arrange meeting(s) as appropriate. Prepare questions for seller.

v Detailed Business Evaluation – Review financials and other applicable documentation. Gather market and competitive data.

v Make An Offer – Work with your SouthStar representative to complete an Offer to Purchase Agreement. Engage legal counsel as required, and include all contingencies. Initial Deposit / Earnest Money.

v Due Diligence – Use this period to eliminate all contingencies. Engage CPA and Legal Counsel to review financials, leases, contracts, licensing, etc.

v Close The Deal – All due diligence complete. Remaining financial consideration and agreements finalized.

v Take Ownership – Typically a transition period is in place whereby the seller trains the new owner as well as transferring personal goodwill. Also introductions and relationship building with employees, suppliers, and customers.