The Right Process To Sell A Business

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The Right Process To Sell A Business
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• Just like many businesses/entrepreneurs start new
  businesses, there are also many who are willing
  to sell their businesses. The reasons behind it
  may be different. When a business is started
  properly, there may be disputes in the
  partnership, management may not be able to do it
  properly, the financial situation may be bad, the
  business owner may be too old to handle it,
  retirement may have come or financial loss may
  have occurred. There can be many reasons for
  this. Sometimes business owners migrate, so they
  are willing to sell the business. It takes a lot
  of effort for any businessman to build its
  business. (BBGV2312021)
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• Money and resources are at stake. With the help
  of some professional investors, they make their
  business successful with their unique concept and
  as its market value increases, they sell their
  business at a higher price. E.g. Flipkart.
  Flipkart is a very successful and leading
  e-commerce Company ... However, after getting a
  good offer from Walmart, they sold it to Walmart.
  This is how the business is sold. Facebook
  similarly took over WhatsApp. The main purpose of
  selling a business is obviously to get a fair or
  even higher value. It is important to find the
  right buyer or broker with the right terms and
  conditions. A proper process has to be created
  when selling a business.
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•  Create an in-depth profile of the business
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• When creating a business profile, it is necessary
  to mention some things in it. Asset listing is
  required. What is in your business? How much are
  real assets? How much is the stock, machinery,
  raw material? How many employees are there? What
  is the size and value of the business? What is
  its customer base? All of these things should be
  included in the profile. It is important to
  evaluate your business.
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• All types of licenses
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•  It is necessary to make a list of all the legal
  documents related to the business, like licenses.
  E.g., GST Certificate, Certificate of
  Registration, Export License, Dealership, Various
  Other Important Licenses, etc. Also, some of the
  standard legal documents and agreements related
  to business sales include
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• Purchase agreement
• Property list
• Non-Competitive Agreement
• Website usage and guidelines for domain names
• Bill of sale
• Security agreement
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• Project Report
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• Just like a project report is made when starting
  a business, a project report has to be made while
  selling a business. The project report gives the
  most important information about the business in
  detail, in which the annual turnover of the
  business should determine the value of the
  business according to the total cost, workplace
  rent, staff salaries, and other expenses.
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• Marketing for Business Sales
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• You can advertise online to sell the business.
  You can notify important people in your network.
  You can also seek the help of a professional
  consultant.
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• It takes time to sell a business. Follow the tips
  and best practices I described above to go
  through that process and get the maximum purchase
  value for your company.

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• Ask Yourself, Do You Need Help? 
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• Sometimes for some reason, professionals have to
  sell their business. Finding the right buyer is a
  daunting task. Do you need my help in this
  matter? We will guide you about this. You too can
  take a step forward. 
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• Contact Us
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• 450, Mastermind One - IT Park, Royal Palms, Aarey
  Colony, Goregaon (E), Mumbai, Maharashtra 400065
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• Ph 91 8097027355, 91 9137256150, 91
  9222086563
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