Where can I sell my business?
Monday, August 30, 2010/
There are two main approaches an entrepreneur can take when it comes time to sell their business – go it alone, or get help.
If you decide to handle the sale yourself, you’ll need to let potential buyers know of your intentions, either by approaching them individually, or trying to advertise the business through the media.
The other option is to call in professional help. Business brokers specialise in buying and selling businesses, and typically concentrate on a certain niche or industry. They will help guide you through the sale process and should be able to introduce the business to a bigger pool of buyers than you may be able to.
Other advisers such as accountants and lawyers may also be able to help you with find a buyer, and will be invaluable in helping to guide you through the sale process.
From the frontlines
Five reasons AI is better at making business decisions than you Anthony Aarons Epifini co-founder
'Few are destined to be unicorns': When is the right time to sell your startup? Peter Forbes HROnboard founder
Forget gender quotas: It's time to review your definition of diversity Inga Latham SiteMinder chief product officer
How to assemble a board of directors that will make, not break, your startup Mark Rohald Cluey Learning co-founder
From disrupted to disrupter: What I learnt moving from corporate to startup Tim Shepherd CIMET director
Imagine the worst-case scenario for a startup founder. It happened to me Sam Jockel ParentTV founder