There is never a right or wrong time to sell, it is down to your own personal circumstances. However our team of experts can guide you on ensuring you maximise your sale opportunity using our in depth market knowledge.
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 during the time the 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, and often challenging, parts of selling a business. As with selling a house, it’s unlikely you’ll find the right buyer straight away, so we keep several potential buyers interested in case one deal falters.
Accept an offer
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 both parties is key.
Seller success stories
Hear from business owners just like you who sold successfully through Bizdaq