Buyer's Page
Benefits to Buyers:
Prior to the establishment of the California Association of Business Brokers, CABB,
attempts to acquire a business in another city and/or state resulted in loss of time and
money as the prospective buyer contacted various local brokers for available listings.
These challenges are unnecessary today because of Tait & Associates relationship
with CABB, their programs, professionalism, organizational structure and size.
The potential Buyer is now able to critique businesses offered nationwide. Tait &
Associates can provide any and all information needed to make an informed buying
decision.
In addition, Buyer confidentiality is protected until a site visit is made. More
specifically, no financial information is given to the business owner until an Offer to
Purchase or Letter of Intent is submitted by the Buyer.
The Buyers that Tait & Associates work with most often fall into one of the two
following categories. Whichever category you fall into, feel free to contact Tait &
Associates to discuss buying alternatives or to find out more about the process.
General Business Brokerage:
Over seventy percent of the Buyers Tait & Associates work with are first time
Buyers. Most are leaving “Corporate America” with a strong desire to own a business
in order to control their own destiny and earnings. Tait & Associates takes the time to
educate this type of buyer as to what can realistically be accomplished based on the
size of investment.
Benefits General Brokerage Merger & Acquisition
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Certifications: Business Transfer Specialist (BTS)
Financial Recasting Consultant (FRC)
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Members: California Association Of Business Brokers
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Forms:
All buyers must complete both the Buyer's Personal Profile and Personal Financial
Statement. This information will be used to pre-qualify buyers and help focus their
search for potential acquisitions.
1. Buyer's Personal Profile (#349). This form is used to gather information on what
type of business the buyer wants, as well as the buyer's immediate financial needs.
You will need to attach and send a copy of your current resume with your profile.
2. Personal Financial Statement (#351). This form is used to determine the net
worth of the buyer and the amount of capital available for a down payment. This is
presented to Sellers and Lenders in order to pre-qualify the potential Buyer.
3. Buyer's Confidentiality and Warranty Agreement (#352). A separate form will be
required for each business for which confidential information is requested. A copy of
this document is given to the Seller prior to release of any confidential information.
Tait & Associates treats all personal information as CONFIDENTIAL INFORMATION
and WILL NOT disclose this information to anyone without the buyer's authorization.
For further information see our Privacy Policy.
Mergers & Acquisitions:
Investment groups and corporations seeking to grow through the acquisition of
other companies have found that one telephone call, fax, or e-mail to Tait &
Associates can provide numerous opportunities all over America.
Members: California Association Of Realtors
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