the business selling process. You can find out what to prepare and what to expect. The following information is basic steps of business selling process for business for sale for seller. BusiMarket does not guarantee or indorse the accuracy of information.
1. Determining the fair market value of the business
The business value really depends on the type, the age, and the location of the business. For more accurate information, We highly recommends discussing values and amounts with your business broker, attorney, or loan officer. If you already know what your asking price going to be, you can move on to next step.
2. Preparing all books and records for prospective buyers
Things to include in your business books / records:
last 3 years of busines income tax return
up-to-date Profit & Loss Statement / Balance Sheet
a copy of the Original Lease & Sublease Agreement
an up-to-date equipment list.
3. Putting your business on the market
. The following are options for putting your business on the market:
Input your business on Business Multiple Listing Service Sites like BusiMarket.com –...
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