A good sale starts long before you list. Buyers pay more for businesses that are well documented, profitable, and not dependent on the owner.
1. Prepare
Clean up your financials, document processes, and reduce owner dependence. Our 12-month checklist covers it: How to prepare your business for sale.
2. Understand your value
Know what similar businesses sell for and how buyers will value yours, before you set an asking price. See how to value a small business.
3. Reach qualified buyers
List your business for free so investors and buyers can find you. You can keep sensitive details out of the public listing and share them only after an introduction.
4. Negotiate and close
Expect an offer, due diligence, and negotiation of price and terms such as seller financing or an earn-out. Involve an accountant and a lawyer early.
Thinking of selling?
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