HOW TO FORMALLY CLOSE AND SELL BUSINESS IN 7 STEPS
Hi There,
It had been 45 years since I had
been running my business. Naturally, it was time to retire and sell the entity
for a profit. I wanted to get a good price for all the hard work, tears and
sweat that went into the business. It was not easy to say goodbye, but we
managed to pull through that phase. I prepared my employees for the transition
and everyone obliged. The documentation work took lesser time as we had
everything up to date. The only challenge was finding the right buyer and we
screened a lot of people before going ahead. Here is an article that can help
you if you are planning to do the same.
https://www.business2sell.com.au/blogs/selling/how-to-formally-close-and-sell-business-in-7-steps
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