How to sell your business?

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  • How to sell your business?

    1. 1. How to sell your business when you decide to retire? JOZEF HALÁDIK attorney-at-law
    2. 2. Did you just turn fifty? Prepare your business for sale otherwise it can end up stranded
    3. 3. Start with what makes your business competitive? PRODUCTBRAND EMPLOYEES CUSTOMERS
    4. 4. Then list who would pay the most for your business?SUPPLIERS COMPETITORS PARTNERS CUSTOMERS
    5. 5. The processof selling your business 6 – 24 months Draft and distribute information 4 – 6 weeks memorandum Sign the Sign transaction Collect offers Letter of Intent documentation Negotiate offers Arrange for Close the deal Due Dilligence Be happy Sign the letter of Intent Negotiate transaction documentation
    6. 6. Let the lawyersdo the paperworkwww.haladik.com

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