Frequently Asked Questions

Below are some frequently asked questions we receive when clients are either buying a business, selling a business or planning for a buy/sell event.

Contact us or schedule an appointment where we can meet with you to discuss these questions and how we operate.

1. Do I really need an advisor to help me with the process?

While business owners are typically able to sell a business on their own, there is a significant advantage in hiring an M&A advisor to assist with the transaction. Advisors, such as Seck Advisor Group, are knowledgeable about what buyers are looking for, can guide you through the entire process ensuring a smooth transaction, and are experienced in negotiating the best possible price for your business. This can allow you to get a better sale price for your business than selling on your own.

2. How do I know if this is the right time to sell my business?

While there are some factors that can influence the decision on when to sell, the good news is that almost any time can be the right time to sell! Selling a company is a very personal decision, and if you feel like the time has come to move on to a new venture, an M&A advisor can help you with the exit from your business. Some things to consider when contemplating the sale of your company are its current revenue, amount of debt, any litigation or legal issues, and any other factors that are affecting company performance.

3. How long does the process take?

The length of the process of selling a business varies on a case-by-case basis and is influenced by multiple factors. Companies in popular industries will see interest from buyers quicker and the same is true of companies with strong revenue and profit margins. Even so, the process can potentially take a long time as an advisor has to match the right buyer with the seller. We are committed to providing quality buyers to our clients, and value getting the right deal over a quick deal, though we always strive to get a deal done in as short a time as possible.

4. How can Seck Advisor Group find me a business as opposed to me looking on my own?

Seck Advisor Group has a large database of companies across multiple industries. We also have clients that we are doing sell-side representation for. Outside of the opportunities we currently have, we are experienced in finding companies that match the criteria that a buyer is looking for. This allows us to quickly find good potential matches for any buyer of any size.

5. How do I determine what is a fair sales price for a business I want to buy?

This is a common question we get, and the answer depends on several factors. M&A Advisors, such as Seck Advisor Group, are knowledgeable about the different aspects of a business’ finances, and what kind of financial story they paint. We take things like revenue, profit margin, EBITDA, and others and use these to help provide an accurate estimation of what a business is worth. By partnering with us, you can ensure that you are getting the best value out of your investment.