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Selling a Business

Browse Resources for Selling A Business

Tips on Effective Delegation, Steps to Business Exit
Business owners often comment that no one in their business is as passionate or committed to the business as they are. On some levels this is true. It can also be symptomatic of people not being properly engaged in the business. Building accountability and responsibility in the business will increase that level of engagement....More
 
Who Do You Tell When You’re Going To Sell?
Once you’ve decided to sell and initiate the sale process, one early dilemma you may face is who should you tell? …And when? …And what should you say? Here we outline ways to tell your team and when....More
 
Some Other Exit Strategies for Your Business
There are several exit strategies for businesses. Some are planned by successful business owners to make more money out of the company; others are due to circumstances over which there is no control, such as the death of the owner, ill health, disability, departure, or divorce proceedings. Here we discuss the various exit strategies of business....More
 
Selling a Business - Issues to Consider
Important factors to consider when putting your business on the market....More
 
Getting the Best Price For Your Business
The main thing to keep in mind when selling a business is the same thing you need to keep in mind with whatever you are selling - what is the buyer looking for? You get nowhere when you focus on what you want from your buyer; but you can get what you want if you focus on what your buyer might want from you. Here we outline a strategy on how to get the best price for your business....More
 
The Owner-Operator Dilemma – How To Get Out of Your Business
You’ve worked hard to build a strong business, driving it from the front. Although you’ve expanded and strengthened the team, you still do many critical tasks yourself. The business is a major investment and you can’t leave it entirely to others to run. But what happens when you want to leave your business? Here we outline some strategies on how to move out of an owner-operated business....More
 
Tips on Preparing Your Business Exit
Keeping the lifeblood flowing is essential to providing you with an ongoing income ensuring the business is a highly valuable and saleable asset. Here are some tips on how to prepare yourself to exit your business....More
 
Tips on Knowledge Sharing, Cross Training
Your intuitive knowledge is often the 'gold' in your business. It provides the differentiation and quality around what you do. The more 'gold' you are able to get out of your head and into your business' systems and processes the more the business will be worth, the more the business can thrive without you and the more freedom and money you will have. Here we discuss tips on how to transfer your knowledge from you to the business....More
 
Tips on Writing an Exit Plan
Every business owner needs to develop an exit strategy and you need to start working toward that from the very first day you are in business. It's the tiny steps you take on daily basis that add up over the years and will eventually liberate you from your business....More
 
Role Of Business Brokers In Selling Your Business
There are many reasons to use a business broker when selling your business. The most basic reason is they are in the business of selling businesses. They will market your business and help to get prospective buyers to look at your deal. Here we outline the role of the business broker in the business sales process....More
 

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Find essential service providers who can help you plan your exit strategy, identify potential buyers for your business, optimise your business for sale, value your business, negotiate the sale of your business and financially plan for your future.

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