What to know before you sell a business
Selling a business is a transaction that for many (if not most) business owners will occur only once in their career. As such, it is important to know what types of advisers the business owner should consult with, and to have a basic understanding of the major “deal points” that will be negotiated between buyer and seller.
While it is possible for a business owner to negotiate and close the sale of a business without assistance from outside advisers, it isn’t recommended. Remember, as a business owner, your skill sets evolve around the unique product or service you offer and general business knowledge. It is unlikely that you, or one of your partners, have the level and scope of expertise needed to successfully handle a transaction of this type. Read more:








