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How do you sell your small business?

Updated: 9/19/2023
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Wiki User

βˆ™ 13y ago

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Small business owners sell their businesses for a number of reasons. It could be retirement, relocation, accepting an employment offer, market and industry changes and financial circumstances.There are 4 steps for selling your small business:

  • Small business owner must know the true value of her business before selling.
  • Contact a business broker and ask him to value your small business to see if your estimate is correct and also inquire about what price will bring about a quick sale.
  • Require all potential buyers to furnish financing sources up front.
  • Liquidate your small business.Choosing liquidation means selling off your small business in pieces without the hassles and time it take to sell to another individual.
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βˆ™ 13y ago
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burnsvaluationconsul...

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βˆ™ 2y ago

Is it time for you to sell your business and start the next chapter in your life? At Burns Valuation Consulting, we offer premium valuation and consulting services. For more information call us at 6782354616

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