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Preparing to sell your business

Selling a business is likely to be the largest and most important financial deal any business owner will ever make.

For many owners, selling the business they have spent years building up can be emotionally difficult. Unless you have sold a business before, you will have no experience to draw on and won't know what to expect.

This guide outlines the main options available and will help you decide what is best for you and your business. It also covers a few of the basic things which can be done to make your business attractive to potential buyers and has advice on how to find the right advisers.

Subjects covered in this guide

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Buy or sell a business

Considering selling a business

 

Preparing to sell your business

 

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Introduction

 

Is selling my business the right option?

 

Ways to sell your business

 

Is a sale realistic?

 

When to sell your business

 

Choosing advisers when selling your business

 

Show strong financial performance

 

Streamline your business operations

 

Here's how I prepared my business for sale