HOW TO SELL A BUSINESS
Before the Sale
Set Expectations
Gain an understanding of how the selling process works. What are the financial and tax implications of selling? What are the different exit options? Ensure there is a comfort level with the steps to take to reach a successful sale.
Make a Plan
Valuate the Business
During the Sale
Create a Business Listing
Use clear, concise language to create a Business Listing that will attract buyers. Make sure to include a detailed description and images of the business and any included assets like inventory or equipment.
Spread the Word
Continue Business Operations
Make Improvements
Negotiate the Sales Terms and Accept an Offer
After the Sale
Transition Out
Celebrate the successful sale of the business! Provide the new owners with any mentorship or training outlined in the sale agreement.
