Documents and Information Required for Selling a Business

Documents and Information Required for Selling a Business

Sell a Business, Tips for Selling a Business
Article by BizButSell.com If you’re considering selling your business, it’s important to remember that prospective buyers are looking for clear, objective facts that will convince them that your business will be a profitable investment for them. Although they may initially be attracted to your business for other reasons, their primary interest will be the bottom line. This means that you need to provide them with comprehensive, organized documentation and solid bookkeeping that demonstrates the historical performance of your business and back up your asking price. Preparing solid financials ahead of time will help determine a fair asking price, while giving you the opportunity to identify gaps or shortcomings. In order to get started in making an accurate assessment of your business, you’ll need to prepare your financial statements, ideally, for…
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