As you prepare your business for sale in Santa Clara County, CA, your first step should be to organize a close relationship with a business broker who will be able to guide you through the entire process, introducing potential purchasers and any advisers that you require.
The Team of Advisers Is Your Key to Success
Bringing together a high-quality team of advisers will add substantial value to your business for sale in Santa Clara County, CA. Your business brokers will be able to introduce you to expert professionals who will provide you with a realistic valuation and suggest a recommended sale price range.
The valuation expert will look at the quality of your business, its expectations for the near and long distance future and assess the marketplace for businesses of your type and style.
Your accountant will be required to provide accurate and high-quality accounts that show the business in its current situation. Your lawyer should be informed of your decision to place your business for sale in Santa Clara County, CA so they can become available and prepare all the necessary documentation for any serious inquiries.
Planning in Advance
The further in advance that you can plan your exit strategy, to sell your business, the better result you will receive. When you oversee when you sell your business, rather than circumstances forcing you into a sale, you can choose the optimum moment when your business is showing a great growth spurt, following successful accounting periods.
Your business brokers will be able to present an excellent opportunity to a potential purchaser when you have prepared your key team and can supply all the necessary documentation to help a buyer decide, which will be qualified by the period of due diligence after the sale is agreed.
By talking to your brokers in advance, you will build a relationship that will help you grow the opportunity to sell your business as they may have a list of individuals and companies wishing to purchase a business like yours.
