The closing a business to-do list
When the time has come to sell your business, many factors need to be considered and acted upon before you’re free from any further obligations. This is what should be on your to-do list.
When the time has come to sell your business, many factors need to be considered and acted upon before you’re free from any further obligations. This is what should be on your to-do list.
Some companies are bought for huge sums, while other similar ones never get much notice. How to get on the road to the big acquisition.
Poor consumer spending remains a concern for many small and medium businesses, but a new Sensis report has found fewer SMB owners plan to sell or close their business now compared with six months ago.
Planning ahead to exit your business should start from day one, to ensure you build a valuable and saleable asset. There are many important aspects of succession planning, so start ticking these off your list now.
Brad Callaughan blogs about the preparation that goes into selling a business.
“Selling your business shouldn’t be a spur of the moment decision. Succession planning should be looked at over a number of years to determine the best road forward. Not only do you have to decide on either passing your business down or selling it but you also need to look at the tax implications…”
You have reached the end!