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The time now is 05/17/08 - 21:39

How to sell an established business quickly?


RealCool.BIZ Forum Index -> Business -> Buy, sell or trade

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archy
Apprentice


Joined: 02 Feb 2005
Posts: 17



PostPosted: 08/18/07 - 05:06    Post subject: Reply with quote

I am about to put my already well established business on the market for sail. The thing is that I am moving far away to the south in Miami precisely for I plan on doing some totally opposite job there along with my friend-it would be running some scuba diving club. Anyway I know owe retail business agency and all employees would keep working there upon my leave and each of them is an excellent agent. So I in fact now need to hear how to sell an established business quickly? Thanks!
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hubert
Apprentice


Joined: 06 Dec 2004
Posts: 21



PostPosted: 09/17/07 - 01:21    Post subject: Reply with quote

Make sure all your books and records are well rand and updated correctly and upon doing this effectively you are able go to the selling market with your established business. Anyway those records include preparing some receipts regarding last 3 years mainly and those are: federal tax returns, financial records involving profit and loss records and balance sheet also, list of everything you have there, such as furniture, equipment and so on. Anyway this is just the first approach when it comes to selling business quickly for there is still a lot that needs to be done and for example you need to have well kept sale transaction business paperwork along with folder with all your business contacts and your notes. Anyway selling an established business is not an easy job and you should know that it takes time so you better keep having constant negotiation and business selling communication and you better write up your business a comprehensive summary for the buyer usually like being familiar with all the details that comes with certain business especially the one which is about to be sold.
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