You have made the very important decision to sell your business, so what are the next steps? At McDonald Real Estate we are focused on giving you a very honest and accurate appraisal of your business. We believe a good quality business marketed at a fair price will always sell reasonably easily. To work out a fair value for your business, there is a range of information we will require before we take the step towards putting a price on your valuable asset. Once all of the relevant information is put together it is a much easier task to value your business in today’s market. We also strongly recommend that you talk with your professional advisors. Your accountant and solicitor will be able to assist in preparing a lot of the information, and give you advice as to the health of your business. Depending on their background and experience, they may be able to help with the value of it, and along with our knowledge, we can give you an expectation of the market value of your business. The more information that you can provide to a buyer, the more confident they will be when weighing up all their options. It will also make the sales process easier and shorten the time needed for investigation both before and after an offer is made. On the following pages there are guidelines to follow to help you prepare for the sales process. If these steps are adhered to it will save a lot of time and energy. Before you begin, ask yourself ‘would I buy this business?’ Your answer may determine the next move! S E L L I N G Y O U R B U S I N E S S
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