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Why build up a successful business only to give it away when you sell it?
Steve Ramsey, CPA, MBA was trained by the Geneva Company (a company known for brokering the sell of large businesses) how to package a business to reflect its market value. By "recasting" the financial statements a business can show what the true benefits received by the owner are. This technique is used by large and medium size businesses when packaged and sold. Mr. Ramsey brings these same techniques to smaller businesses so that they may profit from his experience.
In the past twenty years, Mr. Ramsey has been part of the sale or purchase of numerous businesses including TV and radio stations, an internet service provider company, a florist, a construction company, and many other service and/or retail businesses. Sales prices have ranged from $50,000 to $15,000,000. The same principles apply to each sale, regardless of size.
When a sale occurs, there are many accounting procedures which must occur to insure a smooth and proper transition (i.e. collections of accounts receivable; whose money is it?). Why not choose a broker that can create the sales package, negotiate the sale, negotiate contracts, and account for a proper transition of ownership?
Mr. Ramsey is a member of the Texas Association of Business Brokers (www.tabb.org) and is a Real Estate agent licensed by the State of Texas.
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