Top Legal Considerations when selling your business include: • What is being sold? • How is the Purchase Price apportioned? • Restraints applied? • Training period. • Continued employment of employees. • Taxes.
For those who don’t know here’s a quick look at the steps to selling your business: 1) Business Valuation 2) Identifying the Right Purchaser 3) Presenting your Business 4) Negotiating the Sale 5) Due Diligence 6) Completion Are you prepared for each one of these? If not, what are you doing to prepare.