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Selling your business will be one of the most important things you'll ever do, because unlike virtually every other business decision you've made over the years, you'll probably only do this once. You get a single chance to put a price tag on possibly years and years of effort — and once you sign the sales documents, it's over. You'll come out way ahead, both financially and personally, if you make an effort to understand the steps in selling, formulate your plan carefully with the help of your professional advisors, and, when the time comes, take the time to negotiate a price and terms that satisfy your reasons for getting out of the business. You should consider assembling your team of professional advisors by including: - your Accountant
- your Lawyer
- your Tax Advisor
- your Banker and
- a Business Broker
Selling your business is not easy, and you need a lot of preparation and assistance to help you navigate this complicated process. Irrespective of whether you need to market your business or already have a prospective buyer, the services of a Business Broker will benefit you in this highly specialised field. IIB ServicesThe IIB has experts from any type of business imaginable and who are experienced in selling your business. We have refined the sale process to include the following steps: - Business Valuation
- Prepare Powerful Marketing Materials
- Identify Prospective Buyers Worldwide
- Market Intensively
- Facilitate Prospect Visits
- Close the Transaction through a Competitive Process
The IIB is also perfectly capable of assisting the buyer with the change management and business transformation process after the sale. This is crucial to minimize the impact of the transition phase and help plan the future growth with the new owner. Contact Geordie van der Nest & Associates to discuss your particular requirements for selling your business.
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