Are you ready to sell your business or give up equity?

So you got a business to sell?

There are many reasons why one may want to move on from their business. 

• no obvious heirs and/or successors
• no longer interested
• retirement
• health reasons

Selling a business is both a very calculated, yet emotionally charged decision.  You will want to assess several factors before committing to a sale.

• future plans: e.g. family planning?
• Am I willing to forego majority control?
• who will be kept on?
• legal entanglements: e.g. licensing arrangements, contracts, etc.?
• financing options, e.g. seller financing?
• how will the money be held?
• control of assets, liabilities, and equity?

When you are ready for a sale, engaging a knowledgeable business broker can help you secure a reasonable price and attract the right people. Have outstanding legal and tax issues? You'll want to find a good lawyer and accountant. We can arrange professionals for this purpose.

While most business sales occur locally, foreign buyers may just as interested too. But even  if you find a interested foreign buyer, they might want to immigrate with an ineligible business. 

Interested in learning more? Contact us today!