Sell with LINK
As an owner, you know that every major business decision demands careful thought and preparation. And what bigger decision is there then choosing to sell? For over 25 years our experienced brokers have helped owners sell their businesses better with proven processes and complete confidentiality.
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Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. Register for business for sale alerts so you never miss an opportunity, and let us guide you through the process.
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When selling a business, before you name the final price and start taking bids, it’s crucial that you first learn about the market value of your company. Speak to an business sales expert to get professional advice. There are complex transactions involved in selling a business, for which you may be unprepared; it’s best to engage a professional who can guide you through the process from start to finish.
In justifying the value of your business, you can hire an appraiser or a broker to help perform a business valuation appraisal. While it may be tempting to sell your business single-handedly, remember that selling a business is a serious process, any mistakes made can be costly.
While every business owner’s selling process is different, some basic steps are typical of the process. These steps include: getting your paperwork in order, hiring professionals, making improvements to your business, organising financials and legal documents, setting a sale price, negotiating and finalising the sale.
Remember that these steps are just the tip of the iceberg. Selling a business is time-consuming, so make sure you have the energy and time to commit to it.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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