Sell a Business Resources
10 Steps in the Selling Process by Vested BB
The 10 Steps in the Selling Process
• Make the initial decision to sell your business.
• Contact a professional to assist you while you. Evaluate your business, and establish a preliminary valuation.
• Conduct a thorough due diligence of your business and prepare a detailed selling memorandum for the business.
• Let Vested Business Brokers introduce you to their thousands of qualified, potential buyers.
• Market the business and negotiate with potential buyers.
• Receive offers and pre-qualify interested buyers.
• Execute a letter of intent with the proposed buyer.
• The Letter of Intent is the basis for a contract. Your attorney will use this to structure, and complete documentation for the sale.
• Sign the purchase agreement (contract) and satisfy the conditions to the closing.
• Close the sale.
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