Selling a business from preparation to signing a contract

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maksudasm
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Joined: Thu Jan 02, 2025 7:11 am

Selling a business from preparation to signing a contract

Post by maksudasm »

The article explains:

Signals for selling a business
Differences between selling a business and selling other assets
3 options for selling a business
Preparing a business before selling
Ways to Increase the Value of a Business Before Selling
Options for finding a client for your business
Tips for Writing an Online Business For Sale Ad
Pitfalls of Selling a Business and Ways to Avoid Them
7 Common Mistakes Business Sellers Make

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Selling a business is a complex switzerland email list and lengthy process that can last for a year. And there are good reasons for this - you need to put everything in order: clean up the accounting, recount the money, conduct a tax audit and much more. And this applies not only to large companies put up for sale, but also to ordinary individual entrepreneurs.

When searching for a buyer, the seller is faced with pitfalls that are easy to avoid if you know where the catch is. Even if you have reached the point of signing the purchase and sale agreement, you should not relax. By making any promises to the buyer, you are digging a hole for yourself, so you must always be on guard.

Signals for selling a business
Selling a business is not such an easy task. It is better to let competent professionals do it. They will take into account all the nuances, select a suitable buyer, and assess the company's value. Below we will tell you about the mistakes you should try to avoid. But at the initial stage, something else is important: how to understand that the time has come when you should think about selling your enterprise or other business?

Economic reasons
For quite a long time, the income from the company is small, it is lower than you could have had by investing in something else (for example, if you decided to earn money on foreign exchange transactions, precious metals, etc.).

The money invested in the business is not enough to keep the enterprise operating at full capacity. Therefore, assets gradually melt away, and profits do not grow.

Signs of an organizational plan
It is impossible to assemble a good, well-coordinated team. It is also impossible to establish effective management. There is no well-thought-out payment system that could give employees sufficient motivation to work well.

The company has not identified any weak points that could cause it to lose customers, valuable information, and therefore profits.

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Production and commercial indicators
Effective promotion of products is not established, equipment and assortment are not updated, competitiveness is low.

Marketing is inefficient and very vulnerable.

The company's overall performance is declining and its market position is weakening.

There are fewer and fewer buyers, for example, due to the impact of the crisis situation.
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