Question 1

Do you work with business owners who are getting ready to retire and need to sell their business? Do you provide more than just broker services?

Accepted Answer

Yes, Gerron Group differentiates itself from other buy/sell business brokers by acting as an advisor on all aspects of the buy/sell process, in addition to broker services.

Question 2

Our company has received in-bound interest from multiple potential buyers. Can you help us make sure we are choosing the right suitor and doing what is best for the business?

Accepted Answer

Yes, in fact, finding the right home for sellers’ companies is an area in which we excel.

Question 3

I’m concerned that this process will overwhelm me and my team, and distract me from continuing to run my business. How can you help?

Accepted Answer

Our hands-on, end-to-end process encompasses multiple steps, and we manage each of these utilizing our comprehensive operational abilities and expertise. This approach is designed so business owners do not feel overwhelmed and instead, positions them to engage with counterparties in a savvy and robust manner.

Question 4

I know that there’s a lot of legalese and financial documentation preparation when buying or selling a business. To what degree does Gerron Group assist with this aspect of the transaction?

Accepted Answer

We are adept at understanding legal terms associated with buying or selling a business, and we help our clients understand these terms from a practical business perspective. We are dedicated to ensuring that our clients have a full understanding of these complex negotiations.

Question 5

We have a small business that generates $10 million in annual revenue. We have limited internal accounting and financial analysis capabilities. Instead, we have outsourced these functions. Can you help us consolidate what we need from these outside service providers?

Accepted Answer

Yes, we provide hands-on support to prepare you for all aspects of the process.

Question 6

As a business owner, I appreciate set processes to accomplish important tasks. Does Gerron Group have a specific process for buy/sell transactions?

Accepted Answer

Yes, we offer a deliberate and thorough, five-step process from initial consultation to post-closing support. Our advisory services are designed to cover every aspect of the transaction, so that the process is efficient.

Question 7

How do I market my business to attract potential buyers?

Accepted Answer

Gerron Group puts together a marketing presentation that can attract potential buyers, while giving them the necessary information to help them determine if they would like to proceed.

Question 8

How do I find buyers or sellers?

Accepted Answer

We work together with you to create a list of target acquirors or sellers. Gerron Group reaches out to these targets, facilitating information flow between you and the targets with the goal of identifying the ideal candidates for you to buy or to whom to sell your business.

Question 9

How do I create long-term financial projections?

Accepted Answer

This is a critical step when preparing to sell your business. Gerron Group will work with you to create five-year projections from which we will perform a high-level valuation analysis.

Question 10

We have an opportunity to roll up several businesses in our space to drive our long-term growth. Is that a sweet spot for you?

Accepted Answer

Yes, Gerron Group’s founder, Dan Gerron, spent much of his career leading Corporate Development teams that actively identified and closed transactions to help businesses scale.

Question 11

Do you represent clients across the country?

Accepted Answer

Yes. Our services are not geographically restricted.

Question 12

Does your service end at the closing?

Accepted Answer

No. Another value-add we offer is to provide post-closing support to operational and executive teams as required.

Frequently Asked Questions