A roadmap to planning your exit and the steps of how to sell your business when ready. Learn the entire process how to sell your business, from understanding valuation methods to attracting buyers and negotiating a successful sale. Plus, get an exclusive digital toolkit of selling a business forms and business valuation worksheets that will help you stay organized and keep on track.
Expanding upon its earlier edition of The Guide to Selling Your Small Business, this new edition presents the process of how to sell your business in two parts. Part I focuses on assessing a business in its current condition then developing a plan to build value and prepare your business for sale to meet your financial goals. Part II focuses on the process of selling your business, including assembling your transition team, marketing your business for sale and attracting buyers, negotiating strategies, conducting due diligence, and the closing process.
"Want great results and peace of mind? Get this easy-to-read book." - Anita Campbell, CEO, Small Business Trends
What you will learn:
- Business valuation, planning your exit, and preparing your business for sale
- What attracts buyers and pre-sale value builders
- Selecting a team of experts to help you sell your business
- Creating a winning marketing strategy that generates buyer interest
- Qualifying buyers, buyer due diligence, and protecting confidentiality
- Avoiding costly mistakes and tax considerations
- Legal and financial considerations for selling your business
- Negotiating final terms and closing the deal
BizBuySell's Guide to Selling Your Business will teach you how planning is critical to receiving the full value for what you've worked so hard to build, while passivity can be costly. Whether you intend to sell immediately or in the near or more-distant future, now is the time to build a roadmap to a sale that allows you to exit on your own terms.
Barbara Findlay Schenck is an experienced business strategist who helps entrepreneurs plan, brand, market, grow, and sell their businesses. After co-founding and later selling an advertising agency, she has authored internationally circulated business advice columns, a number of business books in the For Dummies series, and the BizBuySell Guide to Selling Your Business. She can be contacted through her website, Bizstrong.com.