- Decide If You're Ready to Sell
- Prepare the Business for Sale
- Get a Business Valuation
- Build a Team of Advisors
- Create a Sales Package
- List and Market Your Business
- Qualify and Vet Buyers
- Negotiate the Sale
- Close the Deal
Throughout the process, #4 Build a Team of Advisors will be invaluable.
Don't go it alone. Surround yourself with experienced professionals who can guide you through the process, identify risks, and negotiate effectively on your behalf.
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Business broker: A broker helps you list your business at the right price, create a professional sales package, and identify serious, qualified buyers. They can also help maintain confidentiality throughout the process.
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CPA: Your CPA will prepare and review financial statements, calculate potential tax liabilities, and suggest ways to structure the sale to maximize your after-tax proceeds.
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Attorney: An experienced business attorney ensures all documents are legally sound, handles contract negotiations, and ensures compliance with local and federal laws.
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Financial advisor: To help you plan how to manage proceeds post-sale, especially if retirement is part of your next chapter.
Final Thoughts
Selling your small business is both a financial transaction and a personal milestone. With preparation, the right team, and clear goals, you can walk away proud-and paid.
Interested in selling your business?
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239.565.3171