West Covina Business Brokers
Advice for Selling Your Business
Aside from offering these services, our business
brokers will also provide you with insight into the overall process of
selling your business. We will offer advice that will help you avoid any
mistakes that may make it more difficult to sell your business. The
insider tips that we provide are based on our business brokers’ years of
experience in facilitating business sales and have proven extremely
helpful for our clients in the past. Some of the insider tips that our
past clients have found particularly helpful include:
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To maintain your privacy and protect your business, ask everyone
involved in the sale of your business to sign a confidentiality
agreement.
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To build a good rapport and make negotiations easier, be as accommodating as possible with potential buyers.
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To protect the value of your business, sell it discreetly.
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Do not tell anyone that your business is for sale until a deal has been reached.
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Consult a tax professional when you structure the sale of your business.
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Understand how the sale of your business affects your lease agreement.
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Be prepared to negotiate, and never take negotiations personally.
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Price your business based on its fair market value, and maintain reasonable expectations.
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