Being pro active in the sale of your business is a
must! This week’s Q&A explains what you can do to help the process.
Q: What can I do to help sell my business?
A: As Sunbelt (or broker in general) begins the process of
selling your business, there are certain things you can do to help:
• Do business as usual.
• Treat the business as if it is not for sale.
• Do not let inventory levels dip below normal.
• Keep the business clean and in good repair.
• Remove equipment or furniture that is not part of the sale.
• Provide us with monthly updated financial information in a
timely manner.
• Be as accommodating as possible in setting appointments to meet
with buyers.
• Let us know of any changes in the business such as hiring or
firing
• Always work with us and not directly with potential buyers.
•Remember that a negotiated deal is a deal that will close. Do not
become offended by what you consider
to be a "low" offer.
•Counter all offers on a timely basis.
I hope this list helps. Good luck to all that
are in the process of selling. And to those of you who would like to speak to
one of our brokers/advisors, do not hesitate to call. We will gladly answer any
questions you may have.
Thank you,
Joan Young
Sunbelt Business Brokers, Greater Bay Area | (408) 436-1900 | www.sunbeltbayarea.net
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