Guided Steps to Selling Your Business

ExitAdviser has simplified the overall process for selling your business down to a four stage project as shown below.

#1: Checking the Status

This step is mainly about timing, readiness, and the sellability of your business.

  • Are you ready to sell?
  • Is the timing right?
  • How sellable is your business?
  • Is it prepared for sale?

Sellability Score - Sellability Advisor

#2: Preparing for Sale

Here's where the key online tools on ExitAdviser play an important role.

The Valuation Tool uses the tried-and-tested DCF method to bring an objective, earnings-based approach to business valuation, helping you to defend your Asking Price with prospective buyers.

In parallel, the Sales Memorandum Tool brings attention to the key information that serious buyers will want to know.

#3: Going to Market

ExitAdviser gets your offer in front of buyers with the Go-to-Market tool. It launches your targeted advertising campaign on Google, which will lead prospects to your listing's Landing Page.

A business-for-sale sale advert on Google

Almost every purchase today begins with a search on the internet, and the shoppers looking to buy a business are any different.

Getting your offer direct to market

#4: Closing the Deal

ExitAdviser provides you a full set of legal forms and templates to download.

You'll require a commitment in principle from the buyer, typically a Letter of Intent. Following due diligence and detailed negotiations, obtaining signatures on a Business Sale Agreement is the target outcome for both parties.

At the final stage, it's the detail that counts. It is advisable to use the services of an attorney. If you need to identify one, then try using ExitAdviser's Talk-to-Advisors tool.

Joseph Blygges, a former business owner

Joseph Blygges, a former business owner

Frequently Asked Questions

About ExitAdviser

Learn more: Selling Your Business Step-by-Step — Scheduling the Tasks