Iconic
Published
Jul 23, 2024

The Iconic Way: Guiding You Through the Seller Process

Selling your business is a significant journey and,, and at Iconic, we ensure you have a dedicated team every step of the way. Our software-powered approach keeps you organized, informed, and in control throughout the process. Here's how we make it happen:



Step 1: Discovery


Understand your goals and objectives


The journey begins with understanding your unique goals and objectives. During an in-depth discovery call, our team will delve into your business's intricacies to provide a comprehensive overview and valuation. This is powered by our best-in-class valuation engine, offering you a clear picture of your business's worth. An NDA will be signed to protect your business's confidentiality. If we find a mutual fit, we will formalize our partnership with a Letter of Engagement.


Deliverables:

  • Mutual NDA

  • Introductory valuation



Step 2: Onboarding


Deep-dive into business financials and processes


Next, you'll collaborate with your dedicated team of experts to thoroughly analyze your business’s financials, operations, and sales processes. This deep dive is crucial for establishing a robust marketing plan. We’ll package your business metrics into high-quality, professional materials designed to engage and entice potential buyers.


Deliverables:

  • Letter of engagement

  • In-depth valuation



Step 3: Go-to Market


Market strategy to reach high-quality buyers


With a solid understanding of your business, we then create a comprehensive market plan. Our team of industry experts will work with you to capture the attention of high-quality, vetted buyers within our network. We focus on buyer matching to ensure we select the best buyer and deal structure for your business.


Deliverables:

  • Go to market materials



Step 4: Negotiation


Fielding bids, negotiating terms, and managing due diligence.


As bids come in, our team will manage the negotiation process, ensuring terms are favorable and aligned with your goals. We handle the entire due diligence process and navigate the complexities of purchase agreement negotiations, guiding you smoothly toward the close.


Deliverables:

  • Letter of intent (LOI)



Step 5: Fund & Close


Expertly securing the best sales terms for your business.


Our final step is to secure the best possible sales terms for your business. We oversee the funding and closing stages, ensuring everything is in place for a successful sale. After the sale, we also manage the post-sale transition to ensure a seamless hand-off of your business.


Deliverables:

  • Closing package and hand-off materials



At Iconic, we are committed to making your business sale as smooth and profitable as possible. Ready to sell your business? Start with your free valuation.

Start with a complimentary valuation of your business

Start with a complimentary valuation of your business

Curious what your business is worth? Begin with a short survey to receive your business valuation.
Curious what your business is worth? Begin with a short survey to receive your business valuation.
Los Angeles

HQ

925 N La Brea Ave
4th Floor
Los Angeles, CA 90038

New York

14 Wall St
New York, NY 10005

San Francisco

660 4th Street
Suite 193
San Francisco, CA 94107

St. Louis

7733 Forsyth Blvd
Clayton, MO 63105

© Iconic Business Technologies, Inc

Any information publicly posted on or privately transmitted through this site is the sole responsibility of the person from whom such content originated. This site is not intended to contain any solicitation, offer, opinion or recommendation to buy or sell any assets or securities or other financial instruments or provide you with legal, tax, financial or related advice of any kind.

Los Angeles

HQ

925 N La Brea Ave
4th Floor
Los Angeles, CA 90038

New York

14 Wall St
New York, NY 10005

San Francisco

660 4th Street
Suite 193
San Francisco, CA 94107

St. Louis

7733 Forsyth Blvd
Clayton, MO 63105

© Iconic Business Technologies, Inc

Any information publicly posted on or privately transmitted through this site is the sole responsibility of the person from whom such content originated. This site is not intended to contain any solicitation, offer, opinion or recommendation to buy or sell any assets or securities or other financial instruments or provide you with legal, tax, financial or related advice of any kind.

Los Angeles

HQ

925 N La Brea Ave
4th Floor
Los Angeles, CA 90038

New York

14 Wall St
New York, NY 10005

San Francisco

660 4th Street
Suite 193
San Francisco, CA 94107

St. Louis

7733 Forsyth Blvd
Clayton, MO 63105

© Iconic Business Technologies, Inc

Any information publicly posted on or privately transmitted through this site is the sole responsibility of the person from whom such content originated. This site is not intended to contain any solicitation, offer, opinion or recommendation to buy or sell any assets or securities or other financial instruments or provide you with legal, tax, financial or related advice of any kind.