Have you made plans for retirement or succession in your business? Do you know what is involved in the successful sale of a business?

McLemore & Associates can guide you through the process to help ensure that you eventually get top dollar for your business.

Consulting Services for Business Owners:

Proper preparation of a business for sale can be a time consuming effort, even when the business owner says that he is ready. A realistic time frame for this activity could easily range from one month to one year. As a service to the business owner considering a future sale and/or retirement, but who perhaps is not quite ready to do so, McLemore & Associates will provide a range of consulting services, with the basic service including all or any part of the following:

1. An evaluation of the physical plant and facilities (inside and out, including necessity of third party registered safety engineer report on OSHA compliance, and/or Phase I environmental audit);
2. Status of corporate books and records;
3. Status and availability of tax returns and financial reports;
4. Review of equipment and inventory;
5. Status of title to all assets and real estate to be included in a sale;
6. Status of all third-party contracts, leases and obligations;
7. Status of any pending or threatened litigation;
8. Employee liabilities;
9. Product liability and warranty claims;
10. Insurance coverage;
11. Permits and licenses;
12. General requirements and recommendations for preparation of a business for sale, and anticipated/expected terms in a contract of sale.