Rothstein Advisory group
The Process
Understand Your Options and Goals
What are your reasons for selling? What do you hope to achieve from the sale? Should you sell your business when it’s doing great? Answering these questions will help you determine the best approach to selling your business.
Find a Qualified Broker to Sell Your Business
A good business broker can provide you with expert guidance throughout the selling process. They can help you value your business, develop a marketing plan, find qualified buyers, and negotiate the sale.
Negotiate the Sale
Once you have received offers from potential buyers, you will need to negotiate the terms of the sale. This includes the purchase price, payment terms, and other important details.
Get Your Business Ready for Sale
This involves preparing your financials, marketing materials, and other key documents. You may also want to consider making some improvements to your business to make it more attractive to buyers.
Market Your Business to Potential Buyers
Once you have your business ready to sell, you need to start marketing it to potential buyers. This may involve listing your business on online marketplaces, contacting industry buyers, and attending industry events.
Close the Sale
Once you have reached an agreement with a buyer, you will need to close the sale. This involves finalizing the paperwork and transferring ownership of the business.