Sell your business fast on Bizdaq with direct access to UK buyers across Rightmove, Gumtree and our own registered buyer database.
Your seller dashboard is designed to help you manage the sales process, from creating your listing to the completion of your sale. It’s easy to use and packed with all the information you need to navigate each stage of negotiations.
Compare Bizdaq’s service to a typical business transfer agent and see how you can benefit.
Business agents take a hefty slice of your sale price as a commission fee. With Bizdaq you cut out the business transfer agent.
You’re in control all the way. You can send and respond to messages, arrange viewings at your convenience, negotiate offers and drive your sale towards completion. Imagine selling your business in double-quick time online for a great price, at the same time saving more than £11,000 – it’s all possible with Bizdaq.
Just because you run a successful business, doesn’t mean you know everything about how to sell one, right? This is why we’ve put together a comprehensive resource bank of advice and information to guide you through every step of the process, from planning your exit strategy to negotiating a sale. Tap into our expertise in our Knowledge section.
Our team have over 30 years experience helping small business owners sell, while maximising the value of their business, so we’re well positioned to help! You can benefit from our experience at every step of your sale with our comprehensive guides that simplify the process of selling a business. We truly believe that with our guides, any small business owner can sell their business on Bizdaq and save thousands on agents fees.
The first step in selling your business is to get a valuation. This will be the starting point for your sale, and will help you through your sale. You can use our free valuation tool to find the value of your business.
Once you’ve found the value of your business, the next step is to list it for sale. It’s important to find a method that you’ll be comfortable with. If using a business broker, they will handle the sale of the business and finding buyers, but will take a payment up front and a percentage of the price achieved on your business as commission. A business listing site, like Bizdaq, allows you to be much more in control of your sale, allowing you to be in control throughout, and won’t cost as much as a broker.
Any potential buyer will want to see your business’s financial documents. You’ll need to prepare your Profit and Loss statements, Balance Sheet and anything else about the finances of the business either before or whilst your business is on the market. Having these documents to hand will help to speed up the selling process.
Finding a buyer is one of the most important parts of selling a business. As with selling a house, it’s unlikely you’ll find the right buyer straight away, so keep several potential buyers in case one deal falters.
Once you’ve got an offer on your business, the next step is to evaluate and work out what’s best for you. Offers can be specific to the buyer – some buyers will want you to work a handover period, whilst others will be happy to just take over the business. Finding an offer that suits you both is key.
Congratulations, you’ve sold your business!
Bizdaq was built by a team of entrepreneurs who know how expensive and challenging it can be to sell a business. We wanted to provide somewhere for business owners to sell a business without the cost or hassle of traditional options. It's free for sellers and free for buyers, no strings whatsoever!
Any micro to small and medium sized business owner can sell their business on Bizdaq. We generally recommend that any business in the UK with a valuation of between £5,000 and £2 million would benefit from selling with Bizdaq.
Typically it takes between 6 and 12 months to sell a business from putting the business on the market to completing the sale. Although with the right preparation you can achieve your sale in a shorter time frame - at Bizdaq we’ve sold businesses in as little as three weeks. We generally recommend that you price your business right, prepare your key document with your accountant as soon as you put your business live and generally look to present your business in its best light. If you’re unsure of how to price your business view our guide here or get an instant valuation of your business using our valuation guide tool here.