Business Sales
Selling a business is a marketing exercise that requires planning, preparation and a compelling pitch to ensure that you get the best possible price and terms for your business.
We recommend the following process:
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Determine the value of your business: It's important to have a realistic idea of how much your business is worth. We can provide you with an appraisal to help you determine the value of your business.
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Prepare your business for sale: To do anything well, preparation is the key! This means addressing any operational or financial issues, updating your technology and infrastructure, and creating a clear, compelling sales pitch that highlights your company's strengths and potential.
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Find the right buyer: To maximise your sale price, it is important that the right buyers are invited to the table. We will help you identify potential buyers and initiate a strategic marketing campaign. Particularly if aspects of the sale need to be kept confidential.
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Negotiate the terms of the sale: Once the right buyer(s) has been found, negotiations begin. This includes the terms of sale, purchase price, payment terms, plus any contingencies or warranties.
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Complete the sale: This involves preparing and signing a sales agreement, transferring ownership of the business, and ensuring that all necessary legal and financial requirements are met.
It's important to remember that selling a business can take time, and you may need to be patient as you go through the process. It's also important to work with professionals who ensure that you're getting the best possible deal for you!