Kendrick Steele confidentially helps people Sell & Buy businesses to secure their financial future
Kendrick is the managing partner of Confidential Business Intermediaries Memphis. Confidential Business Intermediaries is a business brokerage company located in Memphis, Tennessee with offices in Little Rock, Fort Smith, Springdale, Arkansas, & Tulsa, Oklahoma. With over 850 businesses sold since 1994 so you can rest assure the CBI process works! As a regional Business Brokerage company CBI has captured the attention of business owners who demand confidentiality, a proven process, and professional decorum. When you engage with CBI Memphis to manage the sale of your company, you also engage the entire CBI team to assist in transferring your life’s work to a qualified acquirer.
With over 17 years’ experience as a Senior Advisor with Sunbelt Business Brokers of North Alabama, I am passionate about helping my clients not just making a buck. As a business broker generalist, I have sold companies across a variety of industries which include but not limited to Private Professional Practices, Manufacturing, Restaurants, Retail, Distribution and Franchise companies in the lower Middle Market. With a business brokerage career that spans nearly two decades I feel that seller education is vitally important. Seller education is so important because most business owners have unrealistic expectations when it comes to the actual value of their enterprise as well as unrealistic time frames in which their company can be sold because they just have never sold a business before.
In far too many instances business owners wait too late to begin to prepare their companies for sell. No business owner is immune to the human reasons owners are forced to sell their companies like death, divorce, chronic illness, relocation or just old-fashioned burn out. It takes time to identify and make changes to the operation after which those changes must be documented to have any value. Sophisticated business owners develop an exit strategy in their initial business plan so no matter what happens they/family members are prepared. Even if you haven’t developed your exit plan up to this point it’s never too late to schedule a free confidential meeting with me to discuss your options.