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    Investopedia
    https://www.investopedia.com › articles › pf › sell-small-business.asp

    7 Steps To Selling Your Small Business - Investopedia

    • You've decided to sell your business. Why? That's one of the first questions a potential buyer will ask. Owners commonly sell their businesses for any of the following reasons: 1. Retirement 2. Partnership di… See more

    Decide on The Timing of The Sale

    Timing is everything. And that includes the time it takes to get everything ready to sell your business. Once you've made the decision to sell, prepare for the sale as early as po… See more

    Investopedia
    Get A Business valuation

    Determine thevalue of your business to make sure you don't price it too high or too low. You can do this by hiring a business appraiser to provide you with a valuation. Once you h… See more

    Investopedia
    Hire A Broker

    Selling the business yourself allows you to save money and avoid paying a broker's commission. It's also the common sense route when the sale is to a trusted family member or … See more

    Investopedia
    Prepare The Necessary Documents

    Financial
    Gather your financial statements detailing assets, liabilities, and income as well as tax returnsdating back three to four years. Review the… See more

    Investopedia
    How can a business seller help you sell your business?
    To help with the sale, they can handle the logistics of selling your business, freeing up your time so you can keep the business in good order until it's sold. For example, they might be working quietly in the background with their network of buyers to get the highest price.
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