Jim Beno

Business Broker Experts Inc.

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businessbrokerexpertsinc.com


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18-5E Dundee Road, Suite 200,
Barrington, Illinois 60010 (View Map)

About the Company

Business Broker, M&A Specialist
Connect with me using: jimbeno@businessbrokerexpertsinc.com

Registered Professional Business Broker with CBI (Certified Business Intermediary) who has successfully helped business owners prepare exit strategies, find qualified buyers and sell their company for top dollar.

Whether the owner is thinking of selling in a year or five years, steps should be implemented to increase the company value and minimize the taxes paid on the proceeds of the sale. I help business owners confidentially sell their company for maximum value. I offer full service brokering that handles all the day to day tasks of selling a business, with no upfront fees. I also offer a do-it-yourself manual for business owners that want to avoid a back-end commission.

Below is a partial list of activities I perform for our full service broker customers:
• Give a range on where to price your business
• Assess the “Sell-ability” of your business
• Generate a comp report for similar businesses that sold
• Prepare a Confidential Marketing Booklet for potential buyers
• Work with our Nationwide bank contacts to get your business pre-qualified for SBA lending
• Create a blind ad to confidentially attract buyers
• Pre-screen prospective buyers...NDA filled out and a phone or in person interview
• Work with our network of business brokers
• Prepare and advise you for Buyer meetings and conference calls
• Facilitate buyer seller meetings / conference calls
• Address buyer questions
• Guide the buyer in submitting a Letter of Intent
• Facilitate negotiations and deal structure
• Monitor and manage due diligence (50% of deals fail here)
• Set up a data room so all due diligence documents are exchanged in a secured environment
• Refer and work with business attorneys and CPA's
• Work with lenders to secure financing for your buyer (paperwork expedition, references, etc)
• Work with government agencies as required
• Bring both parties to closing (physically and emotionally)

If you would like to learn how I can help you confidentially sell your business, call me at (630) 890-5072 or email me at jimbeno@businessbrokerexpertsinc.com.

Broker Biography

Jim Beno (630) 890-5072

Introduction

I personally specialize in businesses that have a selling price between $500,000 and $10,000,000. Because I am very detailed oriented I will only work with 4 to 6 businesses at one time. With your input, I will prepare a very professional marketing booklet that will sell your prospects on your business. I have an extensive marketing background that will help me generate ads for your business that generate leads.

I have purchased and sold my own personal businesses and understand all the hats a business owner wears. As a purchaser, I also understand how a buyer thinks and what buyers fear the most.

Services Provided

We offer 3 levels of service:

Level 1: Full Service brokering where we handle all the day to day activities of selling a business, monitoring all ads and following up with all leads and setting up meetings with qualified buyers. We sell all prospects the advantage of buying your business and control the entire due diligence process (over 50% of deals die in due diligence). We will hold your hand and consult with you through the entire process until your business is sold and you are paid.

Level 2: We offer all the great benefits of our Top Level 1 full service brokering, but give you the opportunity to discuss your business with potential buyers. This option is for the client who has the time to follow up properly with buyers or already has identified their potential buyer but needs the professional guidance to receive top dollar and close the deal. You will receive the same top level consulting and guidance but pay half the commission if you bring the buyer to the table.

Level 3: We offer a Do-it-yourself plan where we help you generate buyer leads for your business and you will be responsible for all of the follow-up. There is no back-end commission for this service and you only pay a low monthly marketing fee that is billed month to month.

Below is a partial list of activities we perform for our Level 1 and Level 2 clients:
• Give a range on where to price your business
• Assess the “Sell-ability” of your business
• Generate a comp report for similar businesses that sold
• Prepare a Confidential Marketing Booklet for potential buyers
• Work with our Nationwide bank contacts to get your business pre-qualified for SBA lending
• Create a blind ad to confidentially attract buyers
• Pre-screen prospective buyers...NDA filled out and a phone or in person interview
• Work with our network of business brokers
• Prepare and advise you for Buyer meetings and conference calls
• Facilitate buyer seller meetings / conference calls
• Address buyer questions
• Guide the buyer in submitting a Letter of Intent
• Facilitate negotiations and deal structure
• Monitor and manage due diligence (50% of deals fail here)
• Set up a data room so all due diligence documents are exchanged in a secured environment
• Refer and work with business attorneys and CPA's
• Work with lenders to secure financing for your buyer (paperwork expedition, references, etc)
• Work with government agencies as required
• Bring both parties to closing (physically and emotionally)

Areas Served

  • DuPage, IL
  • Cook, IL
  • Lake, IL
  • Will, IL
  • Kane, IL
  • Marion, IN
  • Harris, TX
  • Dallas, TX
  • Cuyahoga, OH
  • Franklin, OH
  • Professional Affiliations

    IBBA
    MBBI
    M&A Source
    MBA
    CMSBB
    CBI (Certified Business Intermediary)

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