Selling a business requires a huge team effort, from correct valuation to effective marketing and negotiating – putting your business in front of the widest possible audience and finding a perfect match.
Here is a short guide on how long it takes to sell a business…
Selling a Business
Deciding to sell your business can be a large stepping stone in your personal and professional life – whether it’s a small family business or a corporate development, knowing it’s the right time to sell is key.
Deciding that you’d like to sell your business and implementing the right research techniques as soon as possible will speed up the selling process – indecisiveness and back tracking can hinder the progress. That’s not to say you should rush into anything, however, with Intelligent we will guide you every step of the way.
Finding what platform to sell your business on is also of great use – with over £22M in sales, Intelligent’s experienced is unrivalled.
Valuing a Business
Valuation is key when it comes to selling your business quickly – if the valuation isn’t correct or accurate, chances are there will be a back-and-forth between you and a potential buyer, which will only slow the process down.
Our most frequently asked question is “how do I value my business?”, yet the best place to start is our Business Valuation Calculator. Working out the value of a business can be a complicated process, and getting an accurate company valuation is key to balancing maximum value versus a quick business sale.
Marketing a Business
Arguably, marketing is also one of the main elements that speeds up the sale of your business – reaching a wide audience through marketing will make finding your perfect match easy, that’s exactly why Intelligent’s marketing experts have developed successful techniques that market your business effectively.
Brilliant marketing makes a quick sale, so it’s important that your business is marketed to target a wide audience, shows your business in a profitable manner and highlights all USPs.
The truth is… we don’t have an exact time frame for how quickly your own individual business will be sold, and that’s because there are plenty of factors that may affect this.
However, one thing we do know for sure, is that effective marketing and an accurate valuation are both key parts of selling a business quickly.
We offer a FREE business valuation for any small business owner looking to find out the value of their business and make the selling process more quick and efficient.