Selling your business is a big decision. To help ensure you are fully prepared and ready, consider these 10 things before you list and sell your business.

1. Determine the fair market value of your business.

2. Assemble your team of professionals.

3. Consider the right deal structure.

4. Get your financials in order.

5. Get your due diligence documents in order.

6. Stop co-mingling personal expenses and business expenses.

7. Confidentially begin marketing for a buyer.

8. Get a proper offer and get it in writing.

9. Keep it quiet until the sale is finalized.

10. Let an escrow or closing attorney handle closing.

Follow these 10 simple steps and you’ll make sure a complicated transaction goes as smooth as possible!