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The First Choice Business Brokers Charleston Buying Process

Image of business people shaking hands and celebrating that an agreement has been reached

First Choice Business Brokers can assist you every step of the way in the process of purchasing a business in Charleston. Transferring the ownership of a business is a sensitive process where maintaining confidentiality is crucial to the Seller and to the new Owner. The process is very time consuming, but particularly for the Seller, who is not only running the business, but also entertaining multiple buyers. We do everything in our power to make sure the process goes smoothly, and reduce the amount of stress on both the buyer and the seller. 

As a Buyer, you need information to make an intelligent decision, but at the same time, you don't want the Seller to lose focus on the business, which could diminish the value to you after the purchase. This is where First Choice Business Brokers provide immense value, acting as an important conduit for communication between the buying and the seller. We will help you figure out the value of the business in question, so you can make an informed decision.

 The process is essentially completed in seven steps:

1. Determine your investment criteria

2. Identify target companies

3. Set a time-line

4. Preliminary evaluation

5. Make offer, negotiate the contract, subject to completion of due diligence

6. Due diligence

7.Closing

Our goal is to make the business purchase/sale process as seamless as possible for both the buyer and the seller. So don’t make costly mistakes by representing yourself in this complex process, let First Choice Business Brokers help! Call us today at 843-860-5675 to find out more!