• Fri, Feb 04, 2022
  • 7 Essential Steps to Sell a Business and Maximize Profit
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  • Click here for a link to the full article by William published in Renews Industry on February 2, 2022.

    7 Essential Steps to Sell a Business If you want to sell a business think about this for a moment. To do it successfully requires significantly more than hanging a “For Sale” on the front door. Selling your business is serious stuff. It’s not just a question of how much you can get for it, it’s far more involved and the question is, are you the best person to handle it? Take a look at these seven essential steps and then make a decision regarding brining in a pro.

    1. Valuation
    2. Strategy
    3. Package the Product
    4. Marketing Plan
    5. Negotiations
    6. Closing
    7. Transition and Exit

    Now back to the original question. Are you the best person to handle all this? If you think you need some outside help then it’s time to search out a professional business broker who can do the heavy lifting and insure your sale is both profitable and as painless as possible.

    Contact me if I can be of any assistance.
    Steve Niehaus, MBA, CBI, CM&AP
    [email protected]