![]() ![]() ![]() Do I have documented standard operating procedures I can give to the acquirer?.What is special about my business that makes it worth more?.Do I have intellectual property that will make my business more valuable?.While getting your finances in order, consider the following questions: Therefore, the more information, statements and other documentation you can gather, the better. Potential buyers will scrutinize your business’s financials, as that forms the basis of their valuation. Work with your accountant and tax professional on this step to form the basis of your company’s valuation and sale negotiation. ![]() Your company’s financial data is the foundation of your future sale, so getting it right is vital. This means you must pay your taxes and show a profit on your tax returns. 1 reason companies don’t sell is poor or weak financials. Maintain clean and well-documented financials. If you’re ready to sell your business, take the following steps to help you land the deal you want and ensure transfer of ownership goes smoothly. This guide offers five main steps you should follow to get you through the sale of your business and to get the best price. While the sale of every business is unique, the fundamental process remains the same, and there are well-established steps you must take. But if you take the right steps to prepare for a successful sale and seamless transition, you can limit these risks. A lot can go wrong before you close the deal, whether that’s failure to find a buyer, selling at too low a price, or running into a breach of confidentiality. Selling your business is a complex process with many challenges. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |