Working Together
We had a couple successful closings today, but one stands out because of the positive experience that could be relevant when dealing with your own transaction.
Both buyer and seller had to take assertive steps to make the deal work. They were open to suggestions by their Apex advisors, such as local bank options and other professionals needed to complete the deal. Also, communication between buyer and seller improved through the process as trust between the two solidified.
Our Apex Business Advisors proved their credibility because of their deep knowledge of selling similar businesses in the industry. The buyers and sellers met with recommended banks and used forms provided by Apex that have been tested over hundreds of transactions. The seller was also very instrumental in the licensing process, which cut the lead time required for a new license.
They began this process relying on the advisors, but once the buyers and sellers developed a relationship, the deal was able to proceed more smoothly. They were flexible, they showed good entrepreneurial skills by adjusting to impediments, working together through issues, and readily communicating with all involved. Because they had similar goals, they were able to make the deal happen.
It is from these experiences that we are able to successfully assist our buyers and sellers with their deals, and provide practical and valuable processes.
Doug Hubler
President