You may come to a decision to sell your business if for some reason you cannot or do not want to continue doing it. As a result, you can get a certain reward. Its size will depend on whether you can sell your business competently.
Instructions
Step 1
Since the ready-made business is in increasing demand, for example, in Moscow it can be sold in a short time. At the same time, the buyer can acquire a certain circle of customers, a recognizable brand, a good team of specialists, and in a fairly short period of time. If you compare the purchase of a business and the creation of your own, then with the first option, the opportunity to receive a stable income is clearly higher. In addition, it is beneficial for a businessman to add new organizations to his business for expansion. Others invest in a business for a period of time and then sell it for a lot of money.
Step 2
Those wishing to sell their business can contact specialized agencies. This has its disadvantages and advantages. On the one hand, an agency can advise on the sale of a business, find a buyer and do it with minimal costs. On the other hand, it may charge too high a percentage of the transaction amount for the provision of its services. Thus, it is sometimes unprofitable to involve an agency as an intermediary. For example, this applies to the sale of a business to a specific customer who is already determined to buy your company, or to the sale of small organizations. For the competent execution of the sales contract and its preparation, it makes sense to contact an organization that provides legal services.
Step 3
To sell your business profitably, you need to do the following:
- to conduct a business assessment;
-analyze all possible risks;
- prepare the business for sale;
- find potential buyers;
- to negotiate with potential buyers;
- to conclude a business sale and purchase agreement.
Step 4
If you nevertheless seek help in selling your business, then it is best to find a law firm that will assess all the risks that may arise when selling it and help structure the deal. It is possible that the risks will turn out to be too high, and you will not dare to sell the business right away, but would prefer to deal with its problems.
