What are the steps to selling my business?

Answered by:

Mark Fallek

Highly recommended
Mark Fallek & Associates, LLC
16 Questions answered
Answered on January 16th, 2019

Depends upon the current state of the business and your time horizon.  A few things to do: clean up the balance sheet, make sure the premises and any inventory are neat and clean, assess if anyone in the family or in the business is interested, have the past three year’s financials ready for a buyer, consider an appropriate selling price, search for a buyer if you haven’t got one available (use a broker, look at competitors, speak to your accountant, consider online brokers ...). The real time to think about selling is well in advance.  If you need more help call me.


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