The Complete Guide To Selling A Business

In this comprehensive guide, two specialists take the reader step-by-step through the entire process, from how to determine when the time is right to sell to negotiating the final terms.

Takes readers from thinking, “Hmm, should I buy a business?” right through the process of choosing, investigating, and entering into a legal contract to do so.

A comprehensive guide covering the top three critical issues every business owner faces, this book ensures that all parties understand each other's needs, thus clarifying a complex process and opening the door to successful negotiations. The volume includes an extensive stand-alone glossary of relevant terms and concepts, as well as comprehensive lists of business opportunity sources, contact lists, and reference materials. The disk contains all the forms from the book.

Information abounds for people who want to start a small business, but what happens if you want to sell your company and move on to something else? The Complete Guide to Selling a Business covers the full range of activities necessary to sell a small business successfully - and make big profits! This quick-read outlines a six-step process that takes you all the way from the decision to sell to dealing with the separation. Authors Michael K. Semanik and John H. Wade have written a straightforward guide that's practical for anyone who plans to sell a business, now or in the future. As experts in business brokerage, planning, and valuation services, they know and explore all the issues that arise during the course of a sale, and suggest ways of handling them. With the help of four case studies that parallel stages in the selling process, they show how you can increase the future value of your business, get help from attorneys and CPAs, identify potential buyers and present your business to them, set a price, advertise your business for sale, negotiate the sale, and follow through on after-sale responsibilities. Selling your business is one of the most significant financial decisions you'll ever make. Once you've determined its value, you'll learn marketing techniques to get the price you deserve. And, once you've located a buyer, you'll also learn how to structure terms and agreements with the help of sample documents, which you can use either on your own or with the aid of an attorney or CPA. Financial considerations are key to the successful sale of a business, but many transactions still fail because of emotional reasons. Semanik and Wade help you assess the pros and cons of putting your business up for sale so that whatever the circumstances, you can be sure you're selling for the right reasons. Filled with action tips, the book will help you deal with overinflated expectations of your business's worth and resolve the feelings of loss that can occur once you've sold it. You'll even find post-sale suggestions for planning your next move. You've worked hard at running your business. Now it may be time to move on to something else. Relax! With the help of The Complete Guide to Selling a Business, you'll be able to complete the transaction with a minimum of stress - and enjoy the rewards you've earned.

Out there somewhere is a buyer looking to buy a business like yours. So if you're ready to sell, make sure you protect your interests and maximize your profit with this all-in-one guide.

Every business owner will eventually exit his or her company and turn the reigns over to somebody else. How you handle the transition is the difficult part. You should be reading this book so you are informed about the process, the people involved, and the ways for increasing personal wealth and maximizing business value. This book explores the factors that all business owners must consider before selling their business. It will describe the most important steps for preparing your business for sale. It will also outline the process of selling your business and highlight the key elements for maximizing business value and increasing personal wealth.