Once you've decided on the appropriate value for your business, the next step is to find a buyer who can purchase at that price, and, more to the point, who ... |
Potential third-party buyers for your company can come from anywhere — your customers, suppliers, your community or industry competition. Buyers who are unrelated to you and who may be unearthed ... |
So, now that you have a sense of who your potential buyers might be, how do you go about reaching them? Assuming, of course, that you're not going to be ... |
Hopefully, you've been thinking a lot about your priorities, about what you really want to achieve by selling your business. At this point we'll go into some ... |
Although it may seem obvious, you should give some thought to exactly which of your assets will be sold with the company. You may have already removed unproductive or nonessential assets from the ... |
One issue you should examine closely, when you sell your business, is the transferability of your key contracts. |
If your business is incorporated, you have a very important decision to make: will you sell the assets of the business, or the stock? (Unincorporated businesses don't have this option, or this ... |
Aside from terms relating to what you are selling with the business, terms relating to payment are the most important, and need to be generally agreed upon before the |
Of course, the best kind of deal is where you receive the entire purchase price for your business, in cash, at the time of the closing. With this kind of deal, you could walk away from the business, ... |
One important question that a buyer is likely to have is, are you willing to finance at least part of the deal? This is a very fair question — some advisors estimate that |
