Selling A Business

You normally only sell your business once – so it’s important to get it right. The first and most obvious thing is to get the best price, but this can be complicated by deferred and contingent consideration which are often part of business sales and by guarantees and indemnities that can be required by the buyer. It is sensible to plan early and consider whether it will be necessary or preferable to retain any on-going involvement. You might also need to help enable management or other family members to take over. A good idea is to set a planned retirement date and use this as a deadline to work towards. We have extensive experience in advising on business sales. Here are just a few of the areas where DBA can help:

In relation to the final point, we have a brief video below: