Your point of contact
Jason Taken is a business advisor with HedgeStone Business Advisors and the contact for this Illinois home-services resource. A conversation can concern a potential sale, an acquisition or preparation for a future transition. Start with the business model, geography, goals and records available.
jason.taken@hedgestone.com · (224) 249-3213
Visit Jason's advisor website · HedgeStone Business Advisors
Agree on the work before relying on it
The written engagement identifies the responsible legal entity, representation, services, fees, duties and any conflicts for an assignment. Valuation support for sale preparation is different from a specialist opinion required for litigation, tax, estate or other purposes. Discuss the intended use and appropriate professional before proceeding.
How this resource is written
Guides connect transaction questions to primary sources, definitions, worked examples and records to collect. Illustrative amounts are labeled. Public operating data, asking prices and verified closed transactions are different evidence types. A financial tool's output is only as supportable as its starting records and assumptions.
We do not publish precise Illinois trade multiples without an identified comparison dataset and definition. The site does not claim that a credential, contract, payment account or financing approval automatically follows a business sale.
Verify the actual adviser and engagement
The Illinois Secretary of State describes business-broker registration requirements and exemptions and provides an official search. Verify the person and firm involved in your assignment and review the required engagement/disclosure materials.
Illinois business-broker requirements and registration search
Sources, updates and corrections
Published update dates identify changes to the resource. Source notes explain the topic each authority supports. Current legal, tax, accounting, licensing and lending requirements should be confirmed with the issuing authority and qualified advisers for the actual transaction. If you identify an error, email the page URL and supporting source so it can be reviewed.