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Sell Business1

Help me sell my business !

Preparing to sell.

  • Think carefully about your reasons for selling, your goals for the future and how you can pull your business into shape before the sale (if it isn’t already).
  • A good strategy is to give yourself plenty of time to prepare your business before you advertise it for sale.

You could focus on:

  • Showing year-round profitability.
  • Reducing your costs.
  • Building a strong management team.
  • Maintaining high-quality products or services.
  • Developing a unique product or service.
  • Expanding your online presence.
  • Creating a strong customer base to reduce your reliance on 1 or 2 large clients.
  • Maintaining premises and making sure assets are in good condition.
  • Signing shorter-term or longer-term leases – whichever makes your business more attractive to buyers.
  • Using formal, written contracts rather than informal handshake or verbal agreements.
  • Developing comprehensive business, marketing and succession plans to enable your staff to run the business when you sell it.
  • Settling any outstanding legal or tax matters (e.g. warranty claims).

Improving these areas should strengthen your business, and make it easier for you to attract serious buyers.   banner(270x200)_02 ADVERTISE

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