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FAQ

Question List

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What types of listings do you have on your site?

I would like to sell, but how do I value my business?

What is the best way to prepare my business for sale?

Can I include pictures or images with my listing?

What can I do to help sell my business?

Why is seller financing important to the sale of my business?

How do business buyers make contact with me?

How do I sell my business on my own?

How often is the database updated?

What are the costs of advertising my business on your website?

I just submitted my listing and it doesn't appear online. When will it be available online?

I have a suggestion for your website. How can I reach you?

Need Some Assistance?

Our Business Advisors can help
What types of listings do you have on your site?
Our listings include all “Business for Sale” opportunities. We try not to restrict the options we present to our web visitors. However, we do have minimum requirements that need to be met in order to maintain the quality of our listings and to assist the owner/listing manager with providing the necessary information to a potential buyer.

Listings can be posted by owners, business brokers, and other intermediaries such as lawyers and accountants.
I would like to sell, but how do I value my business?
A Venture Connect Business Advisor would be happy to assist you. You can contact us by phone at: 1-855-421-0082 or e-mail us  If you would like to contact us using our secure website form, please click to access the form.

For more information on how to start the business transition process, please see our Owner’s Resources.
What is the best way to prepare my business for sale?
Selling a business is a challenge and although our service is very successful for many of our users, you may want to try a number of approaches to making a sale.

We recommend utilizing the assistance of a Venture Connect Business Advisor to prepare your business for sale. They will work with you,your lawyer and accountant to make your sale as successful as it can be. Venture Connect prepares businesses with Transition, Succession and Exit Plans.

Transition Plan – Venture Connect will work with you to create an in-depth Transition Plan that will be an integral part of your smooth transition and a buyer’s consideration to purchase. It will help to ensure that your long-time, valued clients are taken care of and that your quality is maintained. A properly followed Venture Connect Transition Plan may also increase the amount you will actually take home when a deal is done. As well, a business that has successfully completed a Transition Plan through Venture Connect may be given an endorsement on our website as a business primed for sale.

Succession Plan - A Succession Plan focuses on the businesses’ human resources. With consideration of your exit, Venture Connect will work with you to create a plan and systematic approach that is aligned with your mission and core values and potentially identify or attract a successor who is on the same page with your company strategy and culture and to support staff through a management transition. A Succession Plan is one component of a Transition Plan.

Exit Essentials – Venture Connect will work with you to create an Offer for Sale multi-page sales document; a valuable tool when used in conjunction with realtors or if you wish to sell your own business. This document may contain sensitive and confidential information about your business but will not include detailed financials, inventory or equipment lists etc.
Can I include pictures or images with my listing?
This is highly recommended. Several photos can be uploaded to your listing. Our system accepts JPEG (.jpg) and PNG (.png) files.

Contact us if you have trouble uploading photos. We can reformat most files appropriately and upload them for you if you are having trouble.
What can I do to help sell my business?
• Maintain normal working hours and quality of work.
• Keep the business facilities clean and in good repair.
• Keep all financial records in order and make sure that all personal expenses are not run through the business.
• Remove equipment or furniture that is not part of the sale.
• Be as accommodating as possible when making appointments to meet with buyers.
Why is seller financing important to the sale of my business?
Research has shown that a seller who asks for a cash sale receives, on average, only 70% of their asking price. Sellers who accept terms receive, on average, 86% of their asking price.

Many sellers are unaware that they can earn considerable interest by financing the sale of their business. If the seller is willing to finance a portion of the business sale, it highlights to the Buyer that the Seller has confidence in his or her business as a valuable and profitable service.
How do business buyers make contact with me?
Buyers must submit contact information to make that first contact with the Venture Connect team. This simple process allows us to filter out those not serious about buying.

For sellers that are working with our Venture Connect Transition Team: when a qualified buyer is interested in your business, we will provide them with the contact information you have requested.

If you are a seller handling the sale on your own: The buyer will be provided with the information to contact you directly.

At any time if you need to gain advice or support you can contact Venture Connect.
How do I sell my business on my own?
If you feel comfortable writing up your own transition document, you can find a document checklist and a Microsoft Word transition plan template here.
How often is the database updated?
The database is updated within 2 business days of receiving new information on a listing. At times, there may be a delay due to large volume of new listings or database modifications.
What are the costs of advertising my business on your website?
$30 per month + HST with a minimum listing of 3 months.

FOR A LIMITED TIME ONLY , we are offering free listings. You must still be able to meet the criteria required, but we will host your listing at no charge. Take advantage of this opportunity for free exposure of your business for sale.
I just submitted my listing and it doesn't appear online. When will it be available online?
Listings are generally reviewed within a few hours on the same business day you submit your listing, but please allow up to 2 business days for us to process your submission. If you don't see your listing online within 2 business days, please contact us.
I have a suggestion for your website. How can I reach you?
If you have a comment or suggestion on how we can improve our website, please email us. We will respond as soon as possible.