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Combination Two
Main Street
Business Brokerage
This combination is compiled for those who wish to become business brokers
dealing primarily with small, Main Street businesses (Mom & Pop).
First Book and Software
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The first piece in the package is the book "In and Out of
Business. . . Happily." The book reveals the previously unwritten
rules for buying, selling and valuing a private business. Learn how to
determine the right price for any private or family businesses (with sales
between $100,000 and $20,000,000). Case studies illustrate why different buyers
pay different prices. Explains why individual motivations and perspectives may
be more important than “the numbers” when making value and buy/sell
decisions. This is the only resource of its kind. Based on marketplace
experience, not theory. Bound in a sturdy 3 ring binder for ease of reference.
Let me caution you though. If you're
looking for an academic treatise on the sales process, this is not the book. But
if you want practical, useful information based on actual experiences, I think
you'll be happy with "In & Out of Business. . . Happily".
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Here are some of the topics covered
in the book’s twenty four chapters
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Types of buyers active in today’s
marketplace and how they determine value
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An overview of how a savvy
business person sells his/her business
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Moves you can make to maximize a
company’s value before you put it on the market
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How to sell a business without
anyone knowing it was for sale until after the sale is consummated
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A complete and comprehensive
description of the types of buyers in today’s marketplace. Determine which
type will be best for any business and pay the most money and how to avoid
the rest
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How to position a business to
assure that you get the right price
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Expensive traps and mistakes to
avoid when selling a business
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Types of buyers active in today’s
marketplace and how they determine value
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Ten reasons why selling a
business is different from selling essentially anything else you can imagine
and how to capitalize upon the differences.
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Non financial factors that impact
a business’ value
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A comprehensive overview of the
proper sequence of steps to the dance that ensues once you have attracted
what appears to be the right buyer (For example: Tax returns are one of the
first things buyers request but should be among the last items provided)
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Bottom line or between the lines?
How to help your buyer understand the real profitability and opportunity
your business represents.
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How to increase your business’
value without increasing declared profits
The financial component of selling a
business is made easier to understand by eliminating financial jargon and
dispelling the mystery that usually surrounds business valuation
In addition, the book’ s appendix
provides: definitions and examples of key terms used in a buy/sell transaction;
explanations and models of various ratio analyses and comparisons within your
industry; and various tables such as those showing present value, monthly loan
payments, future value, and balance remaining on a loan.
The software - EZbizPricer 2.0
is very easy to use.
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Simply enter one page of data from tax returns or accounting statements,
answer a few questions and make some decisions and the software does the rest.
It couldn't be easier or more simple. The
program, although years in development,
will provide your valuation in minutes.
One size does not fit everyone; and neither does one approach to business
valuation. That's why EZbizPRICER 2.0 produces values, transaction
structures and fairness testing for the three size categories of private
businesses - all at the same time. The three Size and Business Structure
categories can be briefly described as follows: |
- Middle Market
-- Generally Private
companies with well defined Corporate structure and earnings in the low
millions
- Mid-Size -- Private companies with
Corporate structure developing. Owner has delegated many management
functions to others - earnings typically from $250,000 to the early
Millions. Main Street --
Commonly referred to as "Mom and Pop" - Business owner wears
essentially all the hats - Earnings usually under $250,000
15 valuation methods
Yes, EZbizPRICER 2.0 simultaneously produces three business valuations
using 15 valuation methods. The EZbizPRICER 2.0 approach insures you that
you are using valuation methods that are appropriate for the business involved.
Transaction Structuring
Determine a Fair
Price and Terms for the business - You can perform countless "What if"
scenarios and calculate scores of possible transaction structures quickly and
easily to determine a Fair Price. It's not necessarily the price you pay
that's most important but rather - it's the terms. Make sure the business
and you can afford the terms so the business can stay sold.
Fairness
Test and Justification of Purchase Price
Make sure the business can afford to pay:
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The
acquisition debt service and
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You
a reasonable wage,
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That
your Rate of Return is commensurate with the risk involved
This is a double check on whether or not the price is fair.
Designed to be used by non-financial professionals
Don't let the ease of use fool you - EZbizPRICER 2.0 is a powerful program
designed for the business owner, business buyer or advisors who needs to know
how to price and structure the sale of a company. It is not designed to
produce a 50 page report that CPAs, MBAs and other Consultants need in order to
justify their multi-thousand dollar fees.
No financial expertise or specialized knowledge is needed and
EZbizPRICER uses
Microsoft Excel™ so there isn't a new software program to learn.
Business Brokers use EZbizPRICER 2.0
to Calculate a Win-Win Price with Terms that will work. Develop a
Professional Sale Prospectus or selling document using the fill in the blanks
template found on the CD-ROM
EZbizPRICER 2.0 Automatically
Generates:
- Reconstructed and Comparative Income and Expense Statements
- Earnings Projections
- Comparative Operating Ratio Analysis
- Risk Analysis
- Capitalization Rate and Value Multipliers
- Reconstructed Balance Sheet
- Fair Market Value (including probable terms)
- Fair Cash Value
- Transaction Structuring Templates
- Fairness Testing Templates
- Business Valuation and Transaction Structures appropriate to the
three size classifications of Private Companies
Those who want a more
comprehensive report should consider upgrading to VALUware
6.0
The Second Book -- Buying a Business Made Easier
(Read - "Selling a businesses made easier")
Buying a Business Made Easier is modeled after the "Buyer
Education" methods we employed in our brokerage office. You are most
likely aware that twenty buyer interviews are typically required to obtain one
offer and that it takes two or three offers to get to a sale. That's a lot
of work! We felt there must be a way to become more effective. Before too
long the answer became very apparent - EDUCATION. Book's one and two
essentially chronicle development of Seller Education methods and the resulting
dramatic increase in success. We wanted to now tackle improving Buy Side success
ratios. The results of that endeavor are outlined and described in this
book and software combination.
Buyer education efforts improved our Buyer in to Sales ratio dramatically.
My top three associates enjoyed a fantastic ratio of 2 buyers in to 1 SALE,
not offer but sale. The ratio for the entire office was 5 buyers in to 1
sale. We found the key was to provide buyers with the information the
required to make an informed decision before they needed it. When
we gave information early we were viewed as sincere professionals. When
tried to provide the same information (education) as it was need, our efforts
were rejected as only Salesmen Tactics. Understanding what education is
required and recognizing the appropriate time to provide it is covered in the
book.
Buyers In to Sales Ratio for
the entire office
averaged 5 Buyers In to 1 Sale
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This practical guide, written in understandable "shirt
sleeve" language, simplifies a very complex subject. The book focuses
upon the motivations and perceptions that drive a sale. The Case Studies and
Examples provided illustrate every major issue and help make this complex
subject easier to understand.
The book walks you through the Business Buying Process one step at a time.
Each major point is illustrated with an actual case study example so you can buy
or sell a business as if you had purchased or sold businesses hundreds of times
before.
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Some of the tips and insider information illustrated in "Buying a
Business Made Easier"
- Three questions to ask so you don't
waste time and money reviewing businesses that don't "fit" you or
your lifestyle - cut right to the quick without offending either the seller
nor the sellers advisors
- Ask the four key questions used by the
Pros to determine profitability before seeing the books - Save hundreds of
hours and perhaps thousands of dollars in professional fees analyzing
businesses you should never buy
- Learn how to determine the real profits of any business,
especially cash businesses, using techniques employed by the IRS and savvy
business buyers
- Avoid pitfalls and common mistakes that
can cost dearly
- Learn negotiation techniques that produce win-win results
- Where to obtain the best advice (and
it's usually free)
Determine a proper price and transaction
structure for purchasing the business (it's not what you pay but rather how
you pay it).
The Book represent a compilation of the experience gained in successfully
negotiating the purchase and sale of more than 2,000 businesses. The
information is based upon real experiences and not scholarly theory. Learn how
to buy your business like a pro.
The Software
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DealMaster
4.0 consists of several
interactive components that cover the entire acquisition process from
start to finish. Applying the "Insider Information" this package
provides can save you thousands of dollars in legal and accounting
fees plus save you hundreds of hours reviewing inappropriate businesses or
companies that were not right for you.
The
Deal Making Software is designed to simplify and make safe the "need
not be complex" process of buying a business.
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IRS
Tax Return
Data by
Industry
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Part 1 - IRS Tax Return
Data by Industry
Who would have believed you would have direct access to Internal Revenue
Service information directly from your computer and the DealMaker 4.0
CD-ROM. The financial data collected from tax returns filed with the
IRS is compiled in spreadsheet format by Industry, Business Form, and
other criteria.
We have made it
easy for you to use the
data to justify/ratify your assumptions and compare your target business
to other businesses of the same size within the same industry. For
example, you might want to use this data to ratify that the Gross Profit
percentage you expect to maintain is realistic and attainable. This would
be especially helpful in adding credibility to your projections and
increasing a lender's confidence.
Compare:
Thanks
to CDROM technology, the copious amount of IRS data is readily available
to you as dynamic information. You can forget about the tedious
data input that is required with static information found in books,
articles and reports. DealMaker 4.0 has organized the data on
CD-ROM - ready for you to use and analyze as you wish.
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Part 2 - IRS Field Agent
Audit Guide by Industry
In addition to the IRS financial data the DealMaker 4.0 CD-ROM contains
the IRS's internal Audit and Investigation Guides for businesses
from Architect to Veterinarian. Thanks again to CD-ROM
technology, the vast amount of information involved is readily available
for download to your printer or for on screen review by industry .
Each Audit Guide provides an overview of
the industry under review to familiarize the you with industry lingo,
practices and then outlines just what questions should be asked, what
documents should be reviewed etc. Actually the IRS agent's Audit is
essentially the same as the Due Diligence Review one should conduct before
acquiring any business. Investigate and Audit your target
business using IRS techniques and information
Now you can have
the same
Audit and Investigation Tools the IRS uses
We can keep the cost to you
very low by providing the data on the DealMaker's CD-ROM rather than in a
telephone book size document.
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SBA
Loan Proposal Generator |
Part 3
- "Loan Proposal Generator"
The Loan Proposal Generator portion of DealMaker 4.0 is unique in
that it automatically creates a Loan Proposal based upon actual
Lender's lending criteria and presents the data in the format the
Lender's like to see making it easy for a lender to say yes to your loan
request.
Special Bonus ~
DealMaker 4.0 will facilitate your contact with the most competitive
lenders willing to "do your deal" at the best available rate. Run
a possible transaction by the lenders before you make an offer to
determine:
- What the lenders will consider a Fair Price
- What down payment will be required of you
- How much bank financing is available and at what rate
- The Amount of seller financing that may be required
You can structure your offer with confidence and present
yourself as a savvy business person to the seller and the seller's
advisors. Sample Loan Package included for reference.
"Present yourself
as a professional"
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The Third Book and Software
"Interpreting Financial Statements
for Business Acquisitions" - A Layman's Guide
and
"MBA on Disk" - Business Analysis software
This Workbook and software
combination has been expressly created for the non-financial entrepreneur or executive engaged in
buying or selling Private Companies.
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| Obtain a
clear and concise understanding of any company's financial strengths and
weaknesses quickly. Ratify opportunities a company represents in minutes
using this unique book and software combination. This combo was created
for non-financial professionals and is based upon experience gained
participating in more than two thousand Private Company acquisitions. It
is written in clear, plain, shirt sleeve English and not accounting jargon or
code that is understood only by members of the "Financial
Circle."
No need to be intimidated
by accounting and finance jargon any longer.
Buying a Cash Business? The
book explains how to determine what the real earnings of any company might be
under your ownership and the "MBA on CD ROM" software makes
"crunching the numbers" easy. Impress your
accountant with the quality Due Diligence review the "MBA on Disk"
software produces. Save the hundreds if not thousands of dollars he/she
would have to charge you for a similar work product. The book and software
enables you to fully understand any company's financial position and maintain
complete control over the Due Diligence process.
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Avoid
Misuse of Advisors
After you complete this guide you will be in a position to use the
financial professional you engage correctly.
Most business buyers do not completely understand how the
relationship between advisor and client should work and as a result
misuse their advisors and, as a result of this misuse, fail to attain
their goal of business ownership.
Perhaps the best way to illustrate the ideal relationship between client
and advisor would be compare the role of a spiritual advisor to that of
an accountant. A young man
approaches his clergyman and asks “Should I marry this woman?”
The clergyman’s only answer is NO.
Why? Simply because
asking such a question indicates that the young man isn’t sure of what
he is doing. If he is not
mature enough to answer the question himself is he mature enough to
handle marriage? That
question has to be answered by the young man himself and is not a
decision that should be shifted to another.
Assume for a moment that you are an accountant or CPA and that
your best friend in the world has just thrust a few tax returns into
your hands and asks: “Should I buy this business?”
Did you feel a chill go up your spine?
The real life accountant certainly would have.
Your fear would be that your friend doesn’t know what he’s
doing. You also are mindful
of the litigious society in which we live.
Your answer to his question eventually would probably be NO. |
Proper
Use of Your Financial Professional
You should have completed the following tasks BEFORE you
approach your financial advisor:
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Gathered tax
returns, Income Statements and Balance Sheets for the last three to five
years.
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Gained
a comprehensive understanding of company operations
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Performed
comparative Analysis of Income Statements and Balance Sheets
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Developed a
5 Year Comparative Ratio Analysis
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Conducted a
Gross Profit Test
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Researched
the Company’s Industry and that of its major customers
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Obtained a
full understanding of the opportunity the business represents
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Constructed
a Pro forma of expected Company performance under your ownership.
You
provide your financial advisor with the above material and ask, “Have I done
this correctly and/or have I left anything out?
This guide will facilitate your completion of the above tasks.
I have finished
reading "The Layman's guide....."
and it was extremely easy to read and understand.
A
Savvy Business Person or an Immature Dreamer?
If you are the advisor wouldn’t you view this client as
obviously being a prepared, serious and savvy business person rather than an
immature dreamer? By employing the
information and principals this guide provides you will not just appear to be a
savvy business person you in fact will be a savvy business person.
One who fully understands the Company’s financial position and the
opportunities the Company represents.
Your
accountant or CPA would certainly have to charge you several hundred dollars or
more to produce the review "MBA on CD ROM" produces. It is also
unlikely your accountant wants to spend the time required to teach you how to
interpret financial statements. Accountants and CPAs make their living
interpreting financial statements for their clients and not by teaching them how
to do it themselves.
DealMaker docs -
the fourth software program
and book of samples
All
the documents needed to Buy, Sell or Merge a Private company are on this easy to
use CD.
Find the "just right" document, contingency or special wording quickly
and easily.
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Save
time and money
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Use
documents tested in thousands of negotiations world-wide
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Separate
documentation for large, small and mid-size companies
The ONLY product of its kind
If you are involved in selling businesses - you
will really appreciate this unique and comprehensive resource. The program
reflects experience gained in THOUSANDS of negotiations and more
than twenty years of use. Thousands of hours have been invested in
development so that you will have the right document, wording, condition or
contingency at your fingertips in minutes. Imagine just how long it
would take you to create just one of the contracts from scratch or imagine how
much your attorney would have to charge you to do it for you.
Professional Documentation
DealMaker docs is an ideal resource for those either entering Business Brokerage
or upgrading their existing practice.
- Entering Business Brokerage
- In
addition to all the forms and contracts you will ever need to sell a
business the CD-ROM also contains - an Office Policy Manual, Independent
Contractors Agreement, Co-Broke Agreement and the Business Brokerage Code of
Ethics.
- Upgrading to Mergers &
Acquisitions (M&A) - DealMaker docs has all the paperwork you
require to do the larger deal using M&A language and protocol.
Separate Documentation for Small,
Middle Market and M&A Transactions
Deal Maker docs addresses the changes that occur in documentation protocol as
transaction size increases. The documentation used to sell a "Main
Street" coffee shop is not appropriate when transferring ownership of a
Multi-Million Dollar manufacturing company. Deal Maker docs covers it all
with documentation appropriate to all levels of business - Main Street
businesses through multi-million dollar M&A transactions.
The Contingencies and Special Wordings
alone are worth the entire price.
When you're in the heat of negotiations you don't have
time to be creative developing language to cover that special situation or
condition. DealMaker docs has special wording to cover most any situation.
Take a look at the Contingencies
and Special Wording Table of Contents
Questions: How would you handle Multiple
Offers on the same business at the same time? Were this event to
occur you would want access to the right language quickly. How about
special language that allows several buyers to proceed while the Seller reserves
judgment and maintains control in safety.
How can you be sure your buyers are not stuck with bills or other liabilities of
the Seller? How can you make offers on two separate businesses safely
(what if both accept your offer?). How can you be sure your "Due
Diligence" investigation has covered everything?
What do you get?
Sample of all documents in a sturdy 1 1/2 inch 3-ring binder (267 pages)
Easy to use CD ROM for Windows®
95 - 98 - NT - XP
Documentation field tested in
thousands of negotiations
Fast and easy access to the
"just right" document, language or contingency
"Deal Maker
docs" are being used by
Attorneys, Accountants, Business Brokers, Intermediaries and Consultants
on Every Continent in the World!
One hundred twenty two documents comprise all
the forms, letters, checklists and closing documents you need to buy, sell or
merge a private company. The software program contains: Purchase and Sale
Agreements, Letters of Intent, Conditional Offers to Purchase, Due diligence
check lists, Data gathering sheets, Letters of Authorization, Notes, Leases,
Releases and much, much more. The sturdy 9" X 12" three ring binder
contains a sample of all the documents found on the CD ROM. Click
here for table of contents that lists all 122 documents.
Simply insert the CD into your computer and
access the documents using Windows Explorer. You will easily customize the
documents for your use using the powerful features of Microsoft Word or other
Windows word processing software. No need to learn a new software program
as you can use your favorite program and integrate DealMaker docs documents into
your existing document system.
Save hundreds of hours in
typing and thousands of dollars in legal fees.
Special Combination Pricing
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Items |
Regular
Low Price |
In & Out of Business. . . Happily plus
EZbizPricer
Book plus Business Pricing and Transaction Structuring Software |
189.00 |
Buying a Business Made Easier plus
Deal Master 4.0 |
195.00 |
Interpreting Financial Statements for Business
Acquisitions, A Layman's Guide
plus "MBA on Disk Business Analyzer" |
75.00 |
| DealMaker docs Business Transfer Documentation software,
includes
special wordings and contingencies - Book of Samples and Software |
295.00 |
| Shipping |
18.50 |
| Total |
772.50 |
|
Discount |
177.50 |
| Special Price |
595.00 |
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| Upgrade from EZbizPricer 2.0 to VALUware 6.0 option - add |
75.00 |
YES
Please ship me my Complete Package for Main Street
Business Brokerage
Introductory Offer
Direct from Publisher
Two ways to buy:
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Ship
hard copies of all four books and
four software programs
USPS
Priority Mail included
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"Download*
" all four books and
four software programs
plus we will mail you a CD ROM that containing all
four books and software programs
USPS Priority Mail included
*
We will send books and software as an email attachment within 24 hrs of
purchase
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$595.00
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$495.00
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Add $75 and Upgrade Download to
VALUware 6.0
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Add $75 and Upgrade Download to
VALUware 6.0
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Total upgraded price $670.00
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Total upgraded price $570.00
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Includes Shipping by USPS Priority Mail (approximately 8.0 pounds)
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