Selling a Business, and how to sell a business
Selling a business can be both demanding and liberating. To ensure your best outcome with minimum hassle it pays to have a business exit strategy and a plan for your business sale process.
Once you have decided on selling your business, there are a number of steps that can help you realize your goal. Firstly who your most likely buyer may be, your businesses value, and how best to manage the marketing so you get to maximise your exposure when casting your net for business buyers. You need to tell your potential buyers you're selling a business - promote your opportunity widely through New Zealand business for sale websites, print, and direct mail - after all, you want the best prospects and a successful sale. Don't limit yourself to one small pool of buyers, think like a Business Broker and market your business widely! Manage this process, as selling your business will be one of the most important things you'll do.
The process for Selling a Business
How to Sell a Business Video
Finding the right buyer and negotiating the sale takes skill. At the same time, you still have a business to run. Use specialists like your accountant, a lawyer and possibly a business broker if you are time poor or lack the necessary skills in this area to help manage the sale process and keep the negotiations on track.
In preparing your business for sale:
• Be clear why you are selling
• Buyers want cash flow
• Appearances and systems count
• Ensure everything has a value
• Eliminate any surprises
List your Business for Sale
Hamish Conway. Ernst & Young, 2002 - Young Entrepreneur of the Year
Over 98% of New Zealander's have access to the internet...
your online presence is now a critical part in your marketing mix.
Articles on selling a business
Selling your business
Who will buy your business?
What do business buyers want?
Valuing your business for sale
Marketing a business for sale
Selling a business and getting a good price
Advertising to target your business buyer
Selling - but do you have a business exit strategy?
Why use a business broker to list your business for sale
Request a no obligation info pack for selling NZ business
If you have an NZ business for sale - then we can help you sell your business, or click this link if you are are considering advertising and want some more information about listing your business for sale on nzbizbuysell. Alternatively phone or email our team if you have any questions.
We look forward to helping.
Best regards, Richard.
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