Maintaining the culture of the local area and preserving customer relationships.
The following are several of the most frequently asked questions we receive about joining Visual Edge. If you need to know something not covered here, please feel free to contact us and we’ll be happy to address your inquiry.
ACQUIRING A BUSINESS: ACQUISITION, VALUATION, AND SALE
The first step in acquisition can take several weeks, depending on the schedules of those involved. Once an agreement of intent has been created and due diligence is completed, it usually takes about 60 days to finish the sale.
For the most part, we work with entrepreneurs who plan to remain in a leadership role once the acquisition is complete. Ideally, we prefer a three-to-five-year transition period. We are more flexible with satellite acquisitions and the time period of transition can be fewer than three years. Not all retirement acquisitions are right for Visual Edge, but we are happy to learn more about your situation.
Once a Letter of Intent is signed, we recommend you inform everyone who will be affected. This allows them to interact with our due diligence team in the most efficient manner possible. If you’d like, we can assist with the announcement.
Your salary will depend on your role and the size of the company, relative to other executives, and their company sizes, at Visual Edge. Our playing field is level and your company’s performance will impact your total compensation.