Thinking about acquiring a business in Florida? Searching for competent, qualified, guidance and support? If so, you may have discovered that finding knowledgeable, experienced advisors can be challenging.
Look no further: Navocate's Buyer Search Services provide confidential Buyer representation for discriminating executives looking to acquire a business in this growing state.
1. Concentrated Search
Our Concentrated Search starts with businesses that are currently listed for sale throughout the state—including our own business listings as well as businesses listed in the Business Brokers of Florida database.
How is this different from working with other business brokers? Our Consolidated Search program enables us to provide ongoing consulting services over a three month period (or longer). Call us to find out how this program works.
2. Comprehensive Search
Our Comprehensive Search takes the Buyer search process to a new level because Navocate represents you exclusively as the Buyer, by targeting companies that are not on the open market. We become an advocate who is on your side throughout the process.
The result: a search process tailored to your individual criteria, resulting in target acquisition companies that more specifically match your objectives (relative to off-the-shelf listings).
Navocate's 10 Stages of a Successful Business Acquisition
Working with Navocate yields benefits and value throughout every stage of the business acquisition process. Following are our ten success stages for successful business acquisition, and our value-add during each step:
|Business Acquisition Success Stages
||Navocate Value Add
|| Search strategy
|| Determine Search Strategy - Phase 1 search of listed companies only? Or Phase 2 custom search of unlisted companies? Navocate can structure the optimal search for you.
||Define Objectives and create Search Plan
|| Business Search Plan - We help you define realistic objectives, including revenue and profitability requirements, and also assist you in targeting appropriate SIC codes and geographic markets. We then develop a Search Plan and budget for your approval.1 Our data solutions provider offers the most comprehensive business & consumer data available in the U.S., and we only work with direct marketing companies that can create effective impactful campaigns.
|| Execute Search Plan - Navocate next executes the approved Search Plan. Tactics can include postcards, letters, email, or customized web technology to reach the best prospects.
||Target Evaluation & Selection
|| Target Review, Evaluation, & Selection - We collect and manage all responses. Then we review and evaluate the prospect companies, and recommend select acquisitions based on your stated goals and objectives. A Go / No Go decision is made at this stage.
Engage Seller in Formal Discussions-Navocate opens formal discussions with the Seller, collects preliminary information, and arranges the initial Buyer / Seller meeting.
||Offer to Purchase / Letter of Intent
|| Offer / LOI Presentation - We work with you to structure the offer or LOI. We then present the offer / LOI to the Seller, including any contingencies to be removed during the due diligence phase, and start early stage negotiations.
|| Virtual Support TeamsTM Throughout the due diligence process you have access to our Virtual Support Teams--our preferred independent experts that provide specialized assistance where you need the most support, such as independent business valuations, fraud examination, U.S. Visa and immigration assistance, and more.2
|| Securing Financing - Navocate helps you secure financing by working with our network of lenders. We also manage the loan application process for you.
|| Manage Closing Details - Navocate manages the final logistics by working with our selection of preferred closing agents to ensure that all contingencies have been removed, and that the documents are thorough and accurate, so that the transaction is completed successfully.
||Post Sale Business Development
|| Business Development Services - After the transaction closes our separate management consulting company can assist with operational issues, business development, and strategic marketing, to help take your business forward.1