Two Mistakes NOT to make when selling your business!
Thinking you don't have to promote or market yourself!
No one can explain, promote, communicate what your business is about better than you can! When you are selling your business it is important to continue to promote who you are and what you do! Help your business broker understand the business, it's visions and goals! This will attract good buyers who have a crystal clear understanding of what the business is and what it can do in the future.
Failure to Have Due Diligence Prepared Before Hand
Some sellers will wait to prepare due diligence at the point of sale. This is a mistake! By preparing due diligence from the beginning you can avoid surprises and keep the momentum going. Your business advisor, legal counsel and accountant should be able to help you make the best moves when selling your business. Talk to them and they will help you understand what information is needed and how to acquire it. The best move is to involve professionals they are experienced and will give you peace of mind.
Talk to Transworld Business Brokers today! We are ready to help you promote your business so it can sell!
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