Generally, the very first step in the process leading to the transfer of a business to a new owner begins when the current owner decides to sell. The owner contacts Bluegrass Business Advisors to assist in the sale of the business.
The process of bringing the business to the market usually occurs in this sequence:
When one or more prospective buyers are identified, the process of making an offer to purchase generally goes as follows:
Once an offer to purchase has been made:
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