Welcome
Welcome to our group of business brokers. CrossPoint Business Group specializes in educating & assisting business owners with the process of selling their business and matching qualified buyers with sellers. We're able to do this efficiently utilizing the largest business brokerage network in the world which contains hundreds of buyers. Please Contact Us for a FREE, no-obligation consultation about your interests in Selling, Buying, and/or Valuing a business. CrossPoint Business Group will guide you through the process step by step.
Whether you're interested in a merger and acquisition, partnership or selling your company - the first step of the process is valuing your business. Proper pricing is one of the most important factors in determining whether a business will sell or not. Therefore, we must figure out the true fair market value of your business. When it comes to pricing a business, buyers are usually skeptical about the information that business owners provide and are also skeptical of information provided by business brokers. To help minimize the buyer's concerns and to reduce the concern about conflicting interests of business brokers, third-party firms have stepped in to provide a more objective analysis of the business and to properly price your company.
With the help of working with several large business valuation firms, we can accurately determine the value of your business by using the latest tools and proven techniques to come up with the true fair market value of a business. BBN Affiliate Business Brokers are trained to assist business owners with "recasting" the financial statements of the business to justify the fair market value. This "recasting" is critical to uncovering hidden expenses that cover up the true economic performance of the business. Once we have determined the true value of your business, we begin marketing it in a confidential manner and matching your business to qualified buyers while guiding you every step of the way through closing.
As a national affiliate of the Business Brokers Network, we cover all fifty states and Canada to effectively maximize the number of potential interactions between sellers and buyers across North America. As part of BBN, we are members of the International Business Brokers Association (IBBA), Institute of Certified Business Counselors (ICBC), US Chamber of Commerce, and Better Business Bureau. CrossPoint Business Group is also an active member of the NJ chamber of Commerce and one of the first members of the Central Jersey Professional Group & 24/7 networking group in New York and New Jersey. We locally serve all of New Jersey, parts of New York and Eastern Pennsylvania but can assist with any business nationwide.
CrossPoint Business Group handles your business with integrity, confidentiality and professionalism. We're here to help you.
Sell Your Business
Your business isn't just any business. It is a living monument to late-night homework and early-morning deadlines. It is an accumulation of sweat, equity and lifetime achievement.
Therefore, the decision to sell your business is one of the most important decisions of your lifetime. Turning your operation into cash is a complex matter involving a number of variables, many of them unique to your business. Additionally, you're likely to face an uncertain economy, unbridled competition, and sophisticated buyers. We provide competent and experienced professional guidance, so you will not be facing them alone.
Business sales intermediaries have professionally orchestrated hundreds of business sales transactions.
With our nationwide affiliation, our members business offerings are regularly presented to numerous potential domestic and international buyers looking to relocate to your area.
Consider the Facts:
One out of five American businesses change hands each year.
The vast majority of all business sellers are first-time sellers, unprepared to meet the complexities and time demands of a business sale transaction.
"Do-it-yourself" sellers typically receive considerably less than the fair market value of their businesses.
Over 50% of all small-to-medium sized business sales arranged by sellers without professional assistance result in transactional problems, dissatisfaction, default or in court.
Today's business buyer demands reliable financial and operational information that cannot only be confirmed, but also documented and verified.
CrossPoint Business Group specializes in business sales and acquisitions of firms ranging in price from $500,000 to over $10,000,000. We have sold virtually every category of business and invite your review of our performance by contacting our office. We are selective and are highly successful. We are fully prepared to represent those clients who have a desire to see the continuing success of their business under the guardianship of a new owner.
Fee Basis and Policies:
For the most part, fees are earned on a success basis and are normally paid at the closing. If they are not, then you will be advised in advance of what the costs will be. Our fee agreement will be fully discussed with you prior to any commitment on your part.
For more information please visit our "Selling A Business" page.
Buy Your Business
The vast majority of all business buyers are first time buyers, unprepared to meet the complexities of a business acquisition. However, whether you are considering your first acquisition or are a seasoned investor, you can look to us for assistance in every phase of the transaction. The following, therefore, summarizes the key elements of the business acquisition process as professionally conducted by our office.
Initial Meeting -
Objectives, Needs and Requirements Review:
In preparation for our initial meeting, the business buyer should complete our Buyer Response Form. After completing the form, the buyer will email us the information, or may print the confirmation page and send via fax. This information, along with our subsequent discussions relating to the buyer's personal goals and objectives, will provide an appropriate starting point to the process. A detailed search of our large listing inventory enables us to develop a selection of "target" businesses for the buyer's review.
Review of Acquisition Alternatives:
We make every effort to provide the buyer with pertinent information on a target company's financial performance, staffing, facilities, equipment, lease, inventory, customers and market areas served. This information is where our professional edge makes a difference in a successful acquisition. In most cases we will have tax returns, customer lists, etc. for confirmation. If we cannot provide verification of information given to us, we will advise you accordingly.
When the various business names are disclosed, you will be required to sign a standard "Confidentiality/Disclosure" form. In most cases, this is required by the business owner.
For more information please visit our "Buying A Business" page.