Your Business Sold

How do I get the maximum value for my business?

Sell your company for all that it is worth?

First you must decide whether you will benefit from the services of a business broker; the answer to that question is almost certainly a resounding yes subject to your business being of sufficient scale.

If you are a smaller business then affording a broker may be a real issue and therefore education about the process is critical. Please read ‘the real world guide to selling a business’ and any other specific information you can and or contact your local Business Link. Do not rely on well meaning friends, family or acquaintances unless they have sold a number of businesses.

Having selected the preferred route you need to prepare for disposal by preparing an exit strategy

What do I need to know about selling my business? How can I avoid common mistakes?

It is important to understand:

• What your options are
• What is a business broker?
• What are the different types of broker?
• What do business brokers charge?
• Business valuations
• How much is your business worth?
• Should you go it alone?
• How does advertising work?
• What should I pay to advertise?
• Do’s and Don’ts, common mistakes made when selling a business
• How do you get maximum value? <<
• What is an exit strategy?