Stages of selling a business
Posted: Thu Feb 20, 2025 5:59 am
Sorting assets
As a rule, when a business is sold, all assets are transferred along with it. This includes:
intellectual rights to names, logos, photos and other content;
website;
business partner database with contact information of suppliers and partners;
customer base;
remaining goods;
social media accounts;
equipment.
If the premises are owned, they can be transferred along with the business. However, jamaica mobile database the owner of the premises usually wants to exit the business and collect rent.
All assets must be properly prepared for transfer. Make a list of them, conduct an assessment, create passwords and accompanying documentation separately.
There is a certain algorithm for how to properly sell a ready-made business.
Price determination
Evaluate the business impartially and honestly. Often sellers are convinced that they will always be able to buy the company for the amount they invested in its development. However, this is not true at all. If the business in which the seller invested millions is reduced to zero due to lack of proper management or other mistakes, then it will not be possible to recoup the entire amount.
As a rule, when a business is sold, all assets are transferred along with it. This includes:
intellectual rights to names, logos, photos and other content;
website;
business partner database with contact information of suppliers and partners;
customer base;
remaining goods;
social media accounts;
equipment.
If the premises are owned, they can be transferred along with the business. However, jamaica mobile database the owner of the premises usually wants to exit the business and collect rent.
All assets must be properly prepared for transfer. Make a list of them, conduct an assessment, create passwords and accompanying documentation separately.
There is a certain algorithm for how to properly sell a ready-made business.
Price determination
Evaluate the business impartially and honestly. Often sellers are convinced that they will always be able to buy the company for the amount they invested in its development. However, this is not true at all. If the business in which the seller invested millions is reduced to zero due to lack of proper management or other mistakes, then it will not be possible to recoup the entire amount.