“She was able to get us several hundred thousand dollars more for the business than we would have gotten had we tried to do this on our own. . .”
“My wife and I decided to sell our business so we contacted Sheila to explore our options. We had never sold a business before and didn’t know what to expect. In the beginning, I didn’t think I need to hire a business broker to sell our business. I thought I could do it and just hire an attorney to write up the contract. But after going through the process, I see now that the transaction wouldn’t have happened if Sheila wasn’t involved.
When all was said and done, she was able to get us several hundred thousand dollars more for the business than we would have gotten had we tried to do this on our own. She handled everything from arranging buyer financing, explaining cash flow and valuation, and kept the emotions of buyers and sellers in check.
There are a lot of tricky parts to selling a business. Sheila was able to make sure that all situations were handled to our satisfaction. She helped us value and price the business and was able to explain that to the buyers so they could understand it.
She was always available when we had questions and kept us informed on the emotional status of the buyers. She met with the buyer’s CPA and attorney and was able to get the answers that those people needed to allow the transaction to close.
The entire transaction went smoother than I expected. Many times I thought the buyers would back out because this was a big decision…but she was able to hold things together. I have already recommended several business owners to her.
She is a very professional person and has the financial background to deal with all the issues that occur when selling a business.”
David Howard, former owner of TTE (aka The Telephone Exchange)