Client contracts are key during a business sale. And making sure that they are signed is sooo worth it and in this article we explain how you go about it.
Data room 101 As part of every business sale process there will be a period of due diligence. During this period, potential buyers will want to make sure that they are really actually buying the business that they think they are! Part of this will mean that all your company documentation and processes will be looked […]
This is the story of what happened as I learnt about due diligence and what it actually meant for my business during my business sale process.
Select a Business Broker – What to look for Selecting a business broker is easy, selecting the right one should be another key element in your business sale strategy. Business brokers are usually highly experienced executives who have made a career out of selling other people’s businesses. When you have made up your mind to […]
Ever wondered if there was a different way in working out how to value a business? Well, there is – I call it your walkaway price. Read on to find out more about this alternative way in valuing a business before you exit it!
We were delighted when Andrew Weaver, founder of Sell My Business Online agreed to be interviewed as here at SellYourBusiness.biz we aim to educate business owners on the different types of services that exist to help maximise their business exit – straight from the source of the service providers themselves!
This article about understanding the importance of the data room explains why its worth investing the time and effort into getting all your ducks (in this case – documentation!) in a row for potential buyers ahead of time.
Need to showcase your business? Here’s what you need to know that goes into a business sale teaser letter, we even have an example too!
How to shortlist the right buyers to buy your business Every year, thousands of businesses change ownership. Many of them are small ‘sized’ businesses, similar to beauty salons, cafes, restaurants, dry cleaners, quick-print shops, retail stores, landscapers, and tax advisory services to name but a few. And a handful are medium to large in size. […]
Business Sale Deal Breakers If you are on the verge of a business sale deal, be careful. There are many slips between the cup and your lips. You should make sure that you toast to a successful deal, and steer clear of the pits and traps that can ruin your hard work and make your […]