Frequently Asked Questions and Answers
ExitAdviser is an FSBO (For-Sale-by-Owner) platform that is specifically designed to help you to plan, prepare, and market your business for sale.
Before going to market, guidance and tools are provided to value your business and prepare it for sale,
including the identification of practical short-term changes.
Here's how does it work
Not in the traditional sense of the term. ExitAdviser runs a "virtual brokerage" platform that enables you to orchestrate the business sale process yourself in a well-structured and efficient way.
ExitAdviser is not commission-based like traditional business brokerages are.
The one-time service fee includes full access to all resources and services provided. We encourage small business owners to pick ExitAdviser's FSBO (For Sale by Owner) route for an efficient, commission-free business sale.
Full-stack, end-to-end solution.
ExitAdviser provides you with a complete set of tools and resources you will need throughout the whole process. It is not just setting up a sales listing,
it is taking care of every step of the process.
Before going to market, guidance is provided to prepare your business, including a business valuation and the identification of short-term changes to improve your value proposition.
Addressing buyers directly.
The Sales Memorandum Tool helps you identify the key value proposition sought by buyers. The application then automatically populates the fields in your Landing Page on ExitAdviser, which is then promoted through a targeted Google Ads campaign.
We use the Google Ads platform to place our customers' offers directly in front of motivated buyers (i.e., when they seek businesses for sale with Google Search).
This is a highly efficient way to address prospective buyers because Google is the place buyers tend to go first - as we all do ;).
ExitAdviser is aimed specifically at small business owners who wish to prepare and execute their business sale process themselves (FSBO) along with the guidance and online tools available on ExitAdviser.
Business Brokers and Intermediaries are served with the BrokerBoard™ service to create and manage their customer's sales listings.
Joseph Blygges, a former business owner explains how he sold his business with ExitAdviser.
Your offer is listed on ExitAdviser's businesses-for-sale marketplace, which is visited by hundreds of potential buyers each day.
As part of our complementary services, you can quickly start your own advertising campaign on the Google Search pages. ExitAdviser triggers your Google Ads campaign based on the business category and location you select. All it takes is just a few clicks and your own digital marketing campaign is up and running, visible to potential buyers. Additionally, your listing is promoted on social platforms such as Google My Business, LinkedIn and Twitter, thus increasing your exposure.
A key objective when selling your business is to strike the best possible deal.
This is made more likely by following the 4 stages we have set up as part of the ExitAdviser strategy in order to prepare your business for sale and fast-track the deal-making process.
The one-off fee includes access to all ExitAdviser's premium online resources. This includes online tools, your business-for-sale listing, a prepared advertising campaign on Google Search platform (mobile and desktop), downloadable templates and sample legal forms, access to nearby advisors, how-to guides, email support, and more (we will keep adding more service items). Check out the pricing page for the most recent information.
Business brokers provide a valuable service for owners/sellers; however, there is a charge, which is often up to 10% of the selling price. A smart broker will evaluate whether it's worth their while to spend time on a business of relatively low value, say with an asking price of less than $500,000. In this situation, ExitAdviser offers you an alternative, DIY approach.
Discovering ExitAdviser may give you the confidence to go forward with the project yourself, irrespective of the asking price. Should you still decide to use a business broker, you'll be much better prepared and able to understand their language.
For Sale by Owner (FSBO) is a method of selling a business without the use of a business broker.
Small business owners may employ online listing/advertising services to market their own business but do not pay a commission and represent themselves without the help of a business broker throughout the sale.
It is more of a DIY type of sell where the owner has the control over where listings go, what offers they accept, and how much they ultimately ask for and receive for the sale.
Confidentiality is of the utmost importance to us. ExitAdviser promises that we will not reveal your personal or commercial information to third parties, nor will we sell any information you provide to us to any third party entity.
It’s your own freedom (and responsibility) to decide what to communicate to the market and to potential buyers. Typically, you will not share your business name, e-mail address, telephone number, your name, or other such details on your Landing Page that may reveal your identity (also known as "blind" listings).
ExitAdviser uses secure Microsoft Azure Cloud services. For more details on the strict security, confidentiality, and data protection provisions in the system, refer to ExitAdviser's Terms and Conditions.
ExitAdviser provides all members with a comprehensive set of tools and resources to help with the listing and sale of their business.
There is no mandatory sequence of getting things done. However, a suggested approach may be the following:
1. Navigate to the Go-to-Market Tool and update the contents of your Landing Page.
Your Landing Page is what will be publicly visible to potential buyers so you will want to make sure it looks good and has all the information you need to include about your business.
2. After setting up your Landing Page, you may want to start your advertising campaign.
While staying with the Go-to-Market Tool, click on the "Google Ads" tab, then click the blue START button.
Your Landing Page will be advertised on Google when people search for businesses (for sale) relevant to your category and location.
3. You may want to re-check your Asking Price.
We provide an online Business Valuation Tool to calculate your Asking Price.
4. You may want to create a Sales Memorandum.
The Sales Memorandum is a document used by sellers to communicate key information about the business to prospective buyers.
Make use of the Sales Memorandum Tool
to ensure this important document is all in order.
When you meet serious buyers, they will ask for more information about your company. Therefore, it is important have your Sales Memorandum well prepared.
It's a one-off application fee for the services rendered. For a one-time payment, you will get the services rendered for 12 months. There are no monthly charges, and no auto-renewals. When your initial service period expires, you may renew it for another term term but will need to do so manually.
Yes. ExitAdviser's Money-Back Guarantee is valid for 30 days from the purchase date. Should you not be satisfied with the service, you may ask for a full refund.
Please note that the refund does not apply if you've already started your Google Ads advertising campaign using the Go-to-Market Tool;
nor does it apply if you used a free trial before upgrading to a paid plan.
This guarantee also does not apply to the BrokerBoard subscriptions
(a set of special service plans for Business Brokers and Intermediaries).
Yes. We provide support via email to our customers. We do our best to respond to every email within one–two working days.
We are located on 201 East 5th Street, Sheridan.
This red wooden building was the original Sheridan depot for the Chicago, Burlington & Quincy Railroad.
Built in 1892, the building was located just across the street from the Sheridan Inn, making lodging easily accessible for rail passengers.
A modern small business center nowadays, the depot was recently restored to reflect its original exterior and interior.
Get in touch
Absolutely, we go to great lengths to ensure that all information on our platform is secure.
We use top-rated payment processors such as Stripe and Braintree (a PayPal company), and we never store credit card information in our database.
In general, no. ExitAdviser charges an affordable one-time fee that is a fraction of the rates typically charged by business brokers.
However, we do offer a free 30-day limited trial so you can check out the platform's functionality, and even prepare your sale listing to hit the market.
You will not be able to actively publish your listing though during the free trial and will need to sign up for a paid plan.
View Plans and Pricing to learn more.
No, you do not need to disclose your business name. Instead, you can use a project name of your choosing so that we have a reference point for your account and data in the system. ExitAdviser needs a label to set up your business account and identify your data. A project name of your choosing will suffice for this unique system reference.
Yes, the files you upload with the Go-to-Market Tool can be downloaded by anyone visiting your Landing Page.
If that's not your intention, then do not upload any files.
The landing page we create is made to be a platform for you to share information about your business in order to entice buyers.
Everything on the page is fully accessible to those who visit your page.
Alternatively, only upload files that add value to your offer, but do not contain confidential information.
In the course of your Google Ads campaign with ExitAdviser, you may need to buy further ad click packages to refill your marketing budget.
There are also situations where additional outside steps may need to be taken or you may have small convenience expenses that are totally optional but that can further enhance your experience and improve your chances of selling your business. All additional fees and services are option and you will not be forced or coerced into paying anything more than the one time set up fee unless you wish to do so.
Packages and Pricing
How does it work
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