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This guide focuses on structuring a business sales document for potential buyers, covering key areas that showcase the business's value and operations. It begins with the "Seller Bio" section, which serves as an introduction for buyers to understand the seller's background, including education, past experiences, and any current or previous business ownership—akin to a LinkedIn profile or resume.
The "Executive Summary" acts as an elevator pitch, providing a concise overview of the business, including its type, age, industry, business model, location, and founders. This helps paint a clear picture of what the business entails.
In the "Highlights" section, the document emphasizes the business's strengths and potential opportunities for improvement, categorizing them into distinct sections to clarify each aspect.
The "Operations" section outlines the necessary activities to maintain business continuity, detailing the volume of tasks such as customer support emails and calls and estimating the weekly time commitment required.
The "Customers" section delves into the nature of the business's clientele, offering insights into their profile and segmentation, as well as strategies for customer acquisition and retention.
The "Financials" segment describes the business's financial health, addressing any revenue or profit fluctuations and providing commentary on financial anomalies like seasonal trends.
Lastly, the "Seller Notes" section allows the owner to share specific insights into the business's evolution and other critical details relevant to the sale. This comprehensive framework is designed to convey all crucial information to prospective buyers in a clear and organized manner.
Flippa’s platform is free for buyers. Here are our tips for first-time buyers:
Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself or use our trusted network of industry-leading due diligence partners. They can provide in-depth analysis, identify hidden risks, and independently assess the value of the business. Learn More