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Sell My Business

Sell My Business- CGK Business Sales

How Do I Sell My Business?

 

“How do I sell my business“, a business owner may think?  Business owners who are ready to move onto something different, retire, or ready to simply enjoy life will want to prepare to sell their business as early as possible.  However, selling a business does take some time and proper planning to ensure everything is done properly and that there are no issues with the sale.

 

Start Planning for the Sale as Early as Possible

When a business owner decides to retire or to start a new business, the first thought they often have is, will it be possible to sell my business? While starting with the end in mind is often a smart move, preparing for a sale isn’t going to happen overnight. In fact, it could take up to two years from the thought of selling to the actual sale. If they’ve decided to sell the business, they will want to make sure they start planning right away, and this could mean finding the right help.

 

Get Help to Sell the Business

Many business owners who are interested in selling a business will want to make sure they have help from the very beginning. A mergers and acquisitions advisor is going to be able to help, whether they’re merging their business with an existing one as part of the sale, or if they’re selling it to another interested party. They can receive help determining the value of the business, creating a data room for organizing paperwork and financial statements, finding a buyer for the business, and creating proper marketing documents.

 

Determine the Selling Price of the Business and the Terms

When the business owner is ready to sell, the first step in determining how to sell a business is for them to consider how much they want to get for the business. Plus, in addition to determining the value of the business, they should think about how long they will train or consult, and the terms they’ll accept, as part of the sale. Many sellers think a buyer is just going to drop a bag of money on their doorstep and let them walk away?  Think again.  The terms and conditions to the sale are just as important as the headline sale price.  What good is a high sales price if the seller never receives the money?  Plus, the current owner might want to think about any conditions they might have for who can purchase it or who their ideal buyer might be? This will help them make sure they’re ready to start looking for the right buyer. This is something the mergers and acquisitions advisor can help them with to ensure the business is ready to be sold before a buyer is found.

 

Start Looking for a Buyer for the Business

The next thing an M&A advisor will do is look for a buyer for the business. This can be the most difficult part of trying to sell a business because they’ll want to make sure they find a buyer who is serious about taking over the business and who is going to be willing to pay the offered price or negotiate to a reasonable price for the business. If they have a mergers and acquisitions advisor helping them, the business owner can get the help they need to find the right buyer and complete the sale quickly, or, at all.

For many business owners, the idea of selling a business can be daunting because it’s a long process and there’s a lot they need to do to ensure they’re prepared. If you’re ready to sell your business, make sure you talk to a mergers and acquisitions advisor today so you can start getting the help you need. They’ll help with every step to ensure your business is sold as quickly as possible, help you get the right terms, and as much money as possible for it.  Call CGK Business Sales today or confidentially email us below to start the conversation.

Contact Us

CGK Business Sales



Austin Office:

401 Congress Ave

Austin, TX 78701

phone: (512) 900-3770


San Antonio Office:

700 N Saint Mary's St

San Antonio, TX 78205

phone: (210) 526-0094


Dallas Office:

325 North St. Paul Street

Dallas, TX 75201

phone: (469) 998-1968


Houston Office:

1200 Smith St

Houston, TX 77002

phone: (713) 588-0240


Phoenix Office:

40 N Central Ave

Phoenix, AZ 85004

phone: (602) 714-7470

website: https://cgkbusinesssales.com

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Nashville Office:

424 Church St

Nashville, TN 37219

phone: (615) 800-7118

 

Washington DC Office:

1050 Connecticut Ave NW

Washington, DC 20036

phone: (202) 888-6120

 

Baltimore Office:

111 S Calvert St

Baltimore, MD 21202

phone: (410) 777-5759

 

Louisville Office:

312 S 4th St

Louisville, KY 40202

phone: (502) 287- 0332

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Colorado Springs Office:

102 S Tejon St

Colorado Springs, CO 80903

phone: (719) 471-0115

 

Denver Office:

1600 Broadway

Denver, CO 80202

phone: (303) 974-7978

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