7 steps to sell your business
Post on 23-Oct-2020
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DESCRIPTIONExitBoost helps to connect business owners with the right business broker to sell their company. We specialize in small and medium-sized businesses. Whether your business is well established or just getting started, profitable or not, we’ll match you with the business broker that will get your business sold.
7 STEPS TO SELL YOUR BUSINESS
You have been building to sell your business that you’ve
put a lot of time, effort, and equity into growing, and now
you’re looking to sell. Your objective is to get maximum
value when selling and you’re assessing steps to prepare
for the sale.
Make Selling Your Business
Easy with these Eight
HOW DO WE GET THERE?
Your Business is
A business is generally worth a
multiple of its profit. Depending
on the size of the deal that can
be 2-10 times profit.
Financial with Your
Because a business is valued on it
profit then good financials
required. Preparing an adjusted
profit and loss statement is
required to present to buyers.
Find a broker or
Depending on the size of your
deal and whether you have an
unsolicited offer on the table,
most companies will garner a
higher valuation when sold using
a banker or broker.
Develop the Executive
Summary of Your
This is the document that outlines what
the business is, financial and frequently
asked questions to help the buyer make
Put your business on the
Market your business to buyers looking to
acquire a company.
Field offers from
Receive offers from buyers and negotiate
the best one.
Let the buyer perform
Buyers generally get 60-120 days to verify
the financials and validate they are
getting what they are paying for.
Close the deal
Time to celebrate! Sign the final
contracts and the handover process
Get in Touch We'd love to hear your thoughts
Laguna Beach, CA 92651, United States of America