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Things to Consider When Selling Your Business

Selling a business is a time-consuming and complicated process and most businesspeople are not experienced in the numerous steps and legal aspects of selling a business.

In addition, most owners do not have the time to sell their own company due to demands of the day-to-day operations of their business.

Following are some of the issues to deal with:

  • Prepare a business history/summary
  • Prepare detailed financials
  • Product/services information
  • Company history
  • Industry experience/background
  • Company & Industry literature
  • Employee data
  • Growth history
  • Referral information
  • Decide what type of sale
  • Market your business aggressively
  • Meet with qualified buyers
  • Screen buyers
  • Manage the due diligence process
  • Negotiate
  • Accept an offer
  • Prepare the purchase agreement
  • Handle the closing

Baker Group is proud to accomplish all the important steps involved in bringing an interested acquirer to the table. Bringing about a successful transaction involves timing, talent, experience, and practice, among many other attributes.


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