|
|
|
|
|
Before you get too excited about selling your Bay Area business, ask yourself one critical question: “How easily can I untangle myself from my obligations?” Have you arranged for a tidy exit from the scene, or do you have still all kinds of lose ends to cope with first?
An exit strategy requires careful thought and planning, because how you choose to leave your business can have a major impact, not only on the stability of the business you’re trying to sell, but also on your own long-term finances. There are several ways to sell a business. For instance, you may want to hand |
the keys over to a trusted friend, family member or business manager/partner who wishes you buy out your ownership. These internal deals may seem relatively informal, but they still call for more than a handshake -- without a carefully written and mutually agreeable buy-sell agreement, you could end up with not only a sour deal but a soured long-standing relationship. The sooner you name your successor and get started on the process, the easier the sale.
Perhaps you prefer to sell your company to some larger outside group. The acquisition process can be lengthy and may require you to make some important changes to optimize your business into an optimally desirable property. While it doesn’t make sense to assume that you’ll be playing “Let’s Make a Deal” right from the beginning, try to see the long view and make your acquisition-related plans as early as reasonably possible.
We advise you to talk to your CPA and business attorney to get a good handle on how easily and smoothly you can extricate yourself from your business without harming either it or yourself. Then contact Business Team so we can discuss the sale.
|
|
Business Team
The Largest Business Broker in the Western United StatesMatching Buyers & Sellers since 1981 • Buying and Selling Businesses Worldwide California BRE 01160661
Business Team is a unit of BTI Group and a member of the International Business Brokers Association and the California Association of Business Brokers. Business Team is the largest brokerage firm in the Western United States, with business brokers specializing in businesses for sale and selling businesses in Northern California, Southern California, Nevada, Missouri, and Washington, as well as, eCommerce and Internet businesses. Contact Business Team today!
|
|
buying a business | selling a business | listings search | business listings | careers | about us | press room | contact us | resources
© 2007-2024 Business Team. All Rights Reserved. home | site map | terms of use
Legal Disclaimer
|
The information on this Website is compiled from a multitude of independent sources. Business-team.com does not guarantee the accuracy, truthfulness, completeness, timeliness or relevance of any items or claims on this site; nor has it made any investigation whatsoever into the information or advertising claims for any businesses, real estate, buyers, valuations, consultations, or other services or products which may be advertised or offered with the objective to sell a business. Potential buyers or sellers of the aforementioned should perform their own due diligence as to the accuracy of said information. Business Team recommends that Caveat Emptor - Buyer Beware.
Because of the important legal and financial aspects and complexity of a sale/purchase of a business (1) neither Business Team ("Broker"), nor any of Broker's agents, employees, officers, directors, shareholders, co-brokers, independent contractors and affiliates ("Broker Group") make any representations or warranties regarding any business/stock being sold, any legal issues, aspects or ramifications connected with any sale/purchase, or any representation or warranty to either Buyer(s) or Seller(s) concerning the financial condition, terms of any purchase agreement or any matter relating to a potential sale.
Business-team.com does not endorse or recommend any of the listings on this site. The information on this site is provided explicitly without warranty from our sellers and business-team.com, therefore assumes no liability for any content. This site will be continually under development and may change its content without notice. |
|
Quick SEARCH
