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The Business Profile
Your most important document when selling your business.
First impressions count. Once you decide to sell your business it immediately becomes a product.
The days of faxing a copy of your P&L’s to potential buyers are over. It’s a buyers’ market and your business will be compared with many others and every aspect scrutinised.
Their advisors will analyse your business from the information you provide and also the way that information is presented.
The Finn Franchise Brokers Business Profile is the foundation to the marketing of your business. Succinct and professional, it gives the reader all the information they need in one smart document.
With attachments it can sometimes comprise up to 60-120 pages, presented into an email‐friendly PDF package. This is a huge job, and usually takes us a couple of weeks to complete for each of our listings.
It will to include things such as;-
- Legal documents
- Perfect grammar and spelling
- Financials that balance to the last dollar
- Professional layout and graphic design
- ROI analysis
- Marketplace review
- High‐resolution photos
- It has to be completed quickly so you can get your business on the market.
“Gaining finance approval in franchising proposals has its challenges.
It is essential that full financial disclosure is provided otherwise financiers do not feel confident that they hold a true position. Generally this means a lack of forthcoming finance approval. Hence a full and clearly articulated performance of the business is essential.
In my experience I can suggest that Finn Franchise Brokers provide business profiles that are not only essential information memorandum to provide disclosure suitable for the buying franchisee to present to their proposed financier but industry leading. Without these business profiles, the process of gaining finance approval can be very restrictive and therefore present the prospect with an experience that may discourage them fulfilling their purchase. Hence to provide your existing franchise business with the best possible chance of sale then I recommend a discussion with Finn Franchise Brokers to ascertain your business profile.”
Rod Nuttall, Managing Director, Best Practice Financing (former National Executive Manager - Franchising, Commonwealth Bank)