This article are provided for information purposes only, and are not intended as legal advice.
Ways to sell your business
November 30th, 2008Do you sell to a competitor, to another business, do you sell to a venture capital firm or do you find an individual to sell to buy your business?
You can sell the entire business or just part of the business. Often the purchaser will want you to retain a small ownership in order to ensure a smooth transition to the new owner.
You can wind down the business and sell the components separately, sell the assets such as equipment to one buyer, the intellectual property to another buyer, the customer list to another. Is your business relocatable? If it is, the new buyer may not need your employees or your facility therefore selling the parts of the business may be a reasonable option.
- Buying a business – equipment
- What information do you need to value a business for sale?
- What do you get when you buy the assets of a business for sale?
- Should I use a business broker to sell my business?
- FSBO – business for sale by owner
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