Press Release

FOR IMMEDIATE RELEASE

HENDRICKSON BUSINESS ADVISORS PROVIDES BUSINESS BROKERAGE SERVICES

CAPE GIRARDEAU, MO, June 30, 2010 – Hendrickson Business Advisors, LLC is doing a different kind of match-making:  Pairing people who want to buy businesses with those who have businesses for sale.

The management and marketing consulting firm based in Cape Girardeau, Missouri, offers business owners a confidential way to find a buyer without interrupting current operations or relationships with vendors, staff and customers.  Jennifer Hendrickson, president and owner of Hendrickson Business Advisors said, “Businesses trust us to maintain confidentiality in all aspects of our work and, accordingly, they trust us to exercise good judgment when selling their business.  We maintain a file of individuals who are considering purchasing a business and put the interested parties together to facilitate the transition.”

Ideally, the consulting firm prefers to meet with an owner two to three years before they intend to list their business for sale.  This allows the firm to help the owner prepare the business to ensure a maximum value when a buyer is found.  Realistically, however, most business owners want to list their business right away due to family difficulties, the dissolution of a partnership, or even health reasons.

The first step in selling a business is the valuation.  Hendrickson Business Advisors will perform a multi-faceted valuation to determine at what price the business can reasonably expect to sell in the current market.  If this value is acceptable to the seller, he/she will sign a listing agreement and the consulting firm will begin talking with individuals who have expressed an interest in owning their own business or expanding their portfolio.  Once a match is found, Hendrickson Business Advisors will work with the accountants, attorneys and bankers on both sides to facilitate the sale.  The entire process can take several months and even years depending on the type of business and the market.  Additionally, the sale of a business may or may not involve the sale of real estate.

Hendrickson Business Advisors works extensively with businesses in Southeast Missouri and throughout the United States in two ways:  Increased revenue through appropriate marketing and bottom line growth through more efficient management.  The firm was founded in 2007.  Businesses interested in consulting or brokerage services should contact Hendrickson by phone at 573.335.1885 or by email at jennifer@hendricksonbusinessadvisors.com.

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