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Question: Who Needs to Be Involved In The Sale of a business?

Scott Hislop, President and Owner of Transworld Business Advisors of Minnesota, will explain who should be involved in the sale of a business, as well as the role Transworld plays.


Highlights:

  • A team will need to be coordinated for the sale of a business
  • The team will include attorney(s), accountant(s), and business owner(s)
  • Get everyone on the same page with the goal while staying on task
  • Transworld Business Advisors of Minnesota helps coordinate these efforts

Related Posts

Case Study: Selling a High-End RV Dealership in an Uncertain Economy

Sales Timeline: 18 months List Price: $3.65 million The Background Lake Region RV in Ramsey, MN, is not your typical RV lot. Where you might imagine pop-up tent trailers going for $15–20K, Seth Pasch and his team specialized in high-end adventure vans, or “Class B” RVs, ranging between $100–200K.

Case Study: How Transworld Helped PWC Sell Their Business in 7 Months

  Sales Timeline: 7 Months   The Background Professional Wireless Communications. Inc. (PWC) has provided reliable and affordable two-way radio solutions in Minnesota and Iowa for 25 years. The company has a loyal and diverse clientele, from schools and hotels to casinos and stores. Pat and Paula Green, a husband-and-wife duo, started the business from scratch. With Mark, their salesperson and 20% owner, they have built a profitable and reputable enterprise. As they neared retirement, the Greens wanted to sell the company and focus on family. Mark also desired to sell, but remain employed by PWC.

Case Study: Selling a Pet-Sitting Business in Less Than 4 Months

  Sales Timeline: Less than 4 months Sale Price: $320k   The Background Located in the Twin Cities, the owner of Whiskers to Tails Petsitting had proven to be a successful entrepreneur focused on providing care for animals in the home. As a former employee, the owner took over the business in 2019 and successfully operated it through the COVID-19 pandemic.

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