Preparing a business for sale
In order to facilitate a successful outcome for the sale of your business you need to be able to satisfy any due diligence appraisal a potential buyer may apply whilst considering the viability of your business.
A business will sell for a higher price and much quicker if detailed information is supplied when listing your business for sale. A professional presentation will enhance the sale process. Alltype Business Sales has the expertise to assist with all aspects when listing your business for sale.
Documentation
A buyer, under normal conditions, will ask to see the following documentation to satisfy themselves, their Accountant and Solicitor before purchasing:
- Copy of the current lease agreement.
- Two years Balance Sheets & Profit & Loss Statements
- BAS statements covering the period since last Financial Report.
- Inventory of Plant & Equipment
- Staff roster and weekly gross wages bill
- List of current Debtors and Creditors
- An overview of the daily operations
- Details of any contracts with suppliers or customers
- The value of stock on hand
This list is indicative of some of the documentation buyers may request. If for some reason you are unable to provide key information we will endeavour to provide solutions on your behalf that may assist the buyer.
Why list with Alltype Business Sales
Our firm takes the hassle and stress out of the sale process liasing between Accountants and Solicitors. We filter and qualify the buyers who must sign our confidentiality agreement before they are introduced to your business.
We gain a complete understanding of how your business operates, remove the emotion out of the sale process and are in the best possible position to negotiate a rewarding outcome on your behalf.
Selling a business is an involved process that requires a professional acting in your best interest. Often many interviews take place and considerable time is spent qualifying buyers. We have the marketing tools at our disposal to promote your business around the globe.
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Seller Tips website by web centred consultants
