{"id":60,"date":"2017-12-19T15:49:57","date_gmt":"2017-12-19T15:49:57","guid":{"rendered":"https:\/\/www.weybrookbusinessbrokers.com\/news\/?p=60"},"modified":"2018-01-24T16:00:49","modified_gmt":"2018-01-24T16:00:49","slug":"thinking-selling-business-christmas-yule-need-read","status":"publish","type":"post","link":"https:\/\/www.weybrookbusinessbrokers.com\/news\/thinking-selling-business-christmas-yule-need-read\/","title":{"rendered":"Thinking of selling your business in 2018?"},"content":{"rendered":"

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Selling your business is a big decision, it means you will be disposing of something that has consumed your time, energy, passion and investment, not forgetting that of your staff too, so it makes sense to plan and get the best possible return. If over this festive season\u00a0 you are considering selling, here are \u00a0some thoughts for you to consider:<\/p>\n

Is the business attractive to potential buyers<\/strong>? Most buyers will want a viable business that delivers future growth and profit. To do demonstrate this your business needs to show sustained revenue and profit growth over a period of several years. It also needs to continue to function after the existing owners have exited, therefore you need to have a management structure and team in place that is transferable and will keep functioning and growing the business.<\/p>\n

Is your business ready to transfer?. <\/strong>Once a buyer has made an offer, a period of due diligence will follow, no stones will be left unturned, so you will need to ensure everything is in order including:<\/p>\n