Decide to find out if Selling is Right for you and what someone would pay for your business.
Contact a professional Business Broker like Richard Zarzecki at Business Planning Advisors, Inc.
Make an appointment to meet with the Broker.
Provide the broker with business and financial information in order to find out the “Market Value” of your business. This usually takes one hour or less.
Decide if the price a buyer would pay would enable you to meet your personal and financial objectives.
Decide if you would like to list your business for sale.
List your business
Have a conference call wilth and meet with potential buyers.
Consider offers.
Accept an offer or counter offer.
Mutual acceptance of an offer.
Financial Due Diligence.
Attorneys prepare and provide the closing documents.
An inventory is taken.
A closing takes place where both parties meet, sign papers and exchange funds.
Seller trains the Buyer for a predetermined amount of time.