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Once you consider selling your business, dozens of questions will cross your mind.
Here is a short list of questions to consider:
- Is now the right time to sell?
- What is my company worth?
- What is my tax liability upon the sale of my business?
- What is the difference between sales price and yield?
- Who should be assisting me with the sale?
- Is a 1031 or a 1036 exchangeapplicable in my situation?
- How do I keep the sale confidential?
- When do I tell employees and staff?
- When do I tell my landlord?
- How do I protect my key employees?
- How long will I have to stay and work with the buyer?
- How do I ensure financially qualified buyers?
- How do I attract the type of buyers I want?
- What types of non-disclosure agreements will a buyer sign?
- How and when do I communicate with potential buyers?
- What types of information do I give to potential buyers?
- What tax shelters are available to help preserve my estate?
- What are the standard contingencies for selling a business?
- Is a Letter of Intent better than an Offer to Purchase?
- What should be addressed in the Offer to Purchase?
- What if I wanted to stay on as a manager or employee?
- How much does it cost to sell my business?
- Where will my business be marketed and to whom?
- Is it better to pay taxes on the sale of my business now, or later?
- How can I keep the sale of my business confidential?
- How will my business be presented to a potential buyer?
- Why should I hire a Transition Specialist and not a Realtor?
- What is a Marketing Preparation Fee and should I pay one?
- Some of these answers would be important to know during your decision making process…others are critical.
To understand how these questions affect you and your business, please call for confidential consultation 503.577.5649 or 360.696.5812.
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