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Preparing your Business for Sale – NGBB | How to Sell a Business | Retail Business for Sale

Preparing Your Business for Sale

image10_68An accurate appraisal of what your business will sell for is the first step towards preparing your business for sale although it is just one aspect of the transaction. The terms of your business sale, for example, what’s included in the sale and what’s not, are just as important. We will guide you through the process of establishing a clear idea of the terms of sale, assist in gathering all relevant financial details and trading figures, liaising with your accountant and financial advisors where necessary.

At all stages you can be confident that a binding confidentiality agreement is in place to ensure this information is only passed onto people who are genuinely involved in the potential sale of your business.

In comparing this information to industry peers we will provide you with a realistic appraisal for the current market, and then set about reaching legitimate potential buyers through an appropriate marketing strategy.

We will remain in constant contact with you for the duration of the business sale period, informing you of market trends and inquiries. We will act as your representative in outlining the relevant financial information to potential business buyers and then negotiate the best price possible at the close of deal.

Subsequent to the acceptance of an offer we are able to follow through to settlement ensuring all conditions of sale are met.