HOW MANY PEOPLE HAVE EVER BOUGHT A BUSINESS? Where can I go to get solid advice? I am investing my life’s savings and cannot afford a mistake.
STEPS RMBA TAKES TO PROTECT BUYERS AND ATTRACT QUALIFED BUYERS FOR OUR SELLING CLIENTS We only take listings with financials verifiable by tax returns and clean records. We organize records so your lender can easily verify why you are pursuing this business. We offer Due Diligence check lists to make sure you know how to investigate business records. We require both sides to have accounting and legal counsel. We thoroughly explain the multi step process of buying a business before you make any offers. We make available any appraisals, valuations, or industry keys we have indicating value.
FAQ: Are you a licensed Broker? In Colorado, Business Brokers are required to hold an active Real Estate License. We are bound by Real Estate Laws including fair play, disclosure of material fact, and agency disclosure. FAQ: What is an NDA and why must I sign one? I have looked at many real estate properties and have never been asked to sign such a document. An NDA or non disclosure statement is a document wherein you promise not to disclose the extremely confidential and private information you need to value the company for sale. In addition to multiple years of financial history, this information normally includes name, location, competitive market position, vendors, key clients and personnel information. Public knowledge could damage the business. FAQ: Why must I give you financial information about myself? Sellers give you substantial, detailed and highly confidential information about their business. If you are serious, providing a short capsule of you personally and your financial wherewithal only serves to have you taken more seriously. Many of our Sellers will simply not allow us to give out confidential information about themselves, unless you give us the minimal information we ask. Further, it allows us to give you price ranges of businesses you can afford. FAQ: What happens to the information we give you? Financial information is shredded. However, if you agree, contact information and areas of interest are retained in our data base. We send information about new businesses to past inquirers with matching interest. FAQ: Do you provide lending services? We assist buyers to find lenders. We work with banks offering commercial and SBA loans. We know of private equity groups. We recommend groups that assist in using IRA and 401K plans to fund a business. However, we earn no finder’s fees or commissions through our financing contacts. LET THE RECORD SPEAK… WE HAVE NEVER BEEN INVOLVED IN ANY POST CLOSING LITIGATION. OUR BUSINESS IS SUPORTED BY REFERRALS FROM BOTH BUYERS AND SELLERS. THE BEST BUYER IS AN INFORMED BUYER | 
