ÿþ<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Strict//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd"> <html xmlns="http://www.w3.org/1999/xhtml" xml:lang="en" lang="en"> <head> <meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1" /> <meta name="description" content="Sale Ready Services | Do you need financing for your business? All of the steps required to make a business Sale Ready are required to make a business  Loan Ready . By evaluating your business from a buyer s perspective, you will be prepared for any banker." /> <meta name="keywords" content="Business Consultants, Business Brokers, Sell Your Business, Cleveland, Columbus, Youngstown, Pittsburgh, Sale Ready solutions, buy-side &amp; sell-side brokerage services, management service, business, individuals, private equity firms, acquistive company services, partners, industry, portfolio" /> <meta name="robots" content="index,follow" /> <title>LMG | Sale Ready Services</title> <link rel="shortcut icon" href="themes/default/lmg.png" /> <link href="themes/default/lmg.css" rel="stylesheet" type="text/css" /> </head> <body> <!-- SITE NAME & SLOGAN --> <div id="header-container"> <div id="header-left"> <a href="default.htm" title="Logic Management Group,LLC."><img src="themes/default/lmg_logo.png" alt="" style="border:none" /></a> </div> <div id="header-right"> </div> </div> <div id="posterphoto"><img src="themes/default/skyline_01.jpg" width="758" height="188" alt="" title="" /></div> <!-- TOP NAV --> <div class="mainnav-container"> <div class="mainnav-left"><div class="none"><a href="#maincontent">skip to the main content area of this page</a></div> <ul> <li><a href="default.htm" title="">LMG Services</a></li> <li><a href="BusinessOwners.htm" title="">Who Uses LMG</a></li> <li><a href="OurStory.htm" title="">About Us</a></li> <li><a href="ContactUs.htm" title="">Contact</a></li> <li><a href="Login.htm" title="">Login</a></li> </ul> </div> <div class="mainnav-right"> </div> <div class="clear"></div> </div> <!-- CONTENT --> <div id="content-container"> <!-- SIDE COLUMN --> <div id="content-side"> <div class="section-title-not-heading">Overview</div> <p>Do you need financing for your business? All of the steps required to make a business Sale Ready are required to make a business  Loan Ready . By evaluating your business from a buyer s perspective, you will be prepared for any banker.</p> <div class="separator-side-column"></div> <ul class="link-list-vertical"> <li><a href="#" title="">Sale Ready</a></li> <li><a href="SellSide.htm" title="">Sell-Side</a></li> <li><a href="BuySide.htm" title="">Buy-Side</a></li> <li><a href="MgtServices.htm" title="">Management Services</a></li> <li><a href="ContactUs.htm" title="">Contact Us</a></li> </ul> <div class="separator-side-column"></div> </div> <!-- MAIN CONTENT AREA --> <div id="content"> <div id="breadcrumbs"> <a href="#" title="">Sale Ready</a> / <a href="SellSide.htm" title="">Sell-Side</a> / <a href="BuySide.htm" title="">Buy-Side</a> / <a href="MgtServices.htm" title="">Management Services</a> </div> <a name="maincontent" id="maincontent"></a> <h1>Sale Ready Services</h1> <img src="themes/default/square_peg.jpg" class="photosmall" width="200" height="233" alt="" title="" /> <div> <span class="section-title-not-heading">What are Sale Ready Services?</span> Through its proprietary Sale Ready Services, LMG evaluates a business from a buyer's perspective. A business is given a grade (Bronze, Silver or Gold) based on its sale readiness and given recommendations to improve. LMG will then work with the business owner to implement the recommendations. In addition, the business will be continually monitored for its sale readiness and its quantifiable value. The ultimate goal of the Sale Ready process is to strengthen the selling multiple of the business. <p /> <span class="section-title-not-heading">Strengthening the Multiple</span> LMG takes the guessing game out of determining what a business is worth. The majority of businesses are sold based on a multiple of cash flow. The buyer takes the cash flow of the business for sale and multiplies this figure by an arbitrary number (the "<b>multiple</b>") to determine the purchase price. For example, a business with cash flow of $300,000 is worth $1.5 million using a 5.0 multiple. For the most part, multiples are based on industry averages and negotiation skills. <p /> While businesses are constantly striving to increase their cash flow, what are they doing to strengthen their selling multiple? As explained above, both figures multiplied together equal a business's value. Therefore, a business should be equally focused on strengthening cash flow <b>AND</b> strengthening its selling multiple. Through its Sale Ready Services, LMG will strengthen the multiple. What was once an arbitrary number, a business owner's selling multiple will be supported with quantifiable data. <p /> <span class="section-title-not-heading">Sale Ready Deliverables</span> LMG will produce five deliverables (reports, packages, models) as part of its Sale Ready Services. All of the deliverables will be focused on improving the value of the business and will be the support to justify a higher selling multiple. Most importantly, the deliverables will solve the biggest problem in selling businesses today - the buyer's ability to borrow money. A business that passes LMG's standards for sale readiness will pass any bank's standards for creditworthiness. <center><span class="emphasis"><br />ANALYZE <img src="themes/default/arrow.gif" alt=" " height="18" /> IMPROVE <img src="themes/default/arrow.gif" alt=" " height="18" /> MONITOR</span></center> <p /> <center><span class="emphasis">HIGHER SELLING MULTIPLE</span></center> <p /> </div> <p /> </div> <!-- END CONTENT CONTAINER --> </div> <!-- BOTTOM NAV --> <div class="mainnav-container"> <div class="mainnav-left"> <ul> <li><a href="default.htm" title="">LMG Services</a></li> <li><a href="BusinessOwners.htm" title="">Who Uses LMG</a></li> <li><a href="OurStory.htm" title="">About Us</a></li> <li><a href="ContactUs.htm" title="">Contact</a></li> <li><a href="Login.htm" title="">Login</a></li> </ul> </div> <div class="mainnav-right"></div> <div class="clear"></div> </div> <!-- FOOTER --> <div id="footer-container"> <div id="footer-right"></div> <div id="footer-left"> <p>Lewis Center, Ohio 43035 | 740-879-4442 | 877-387-0225 fax<br /> <span class="small-text">Copyright &copy; 2009 Logic Management Group, LLC</span></p> </div> </div> </body> </html>