By the MyBusinessFSBO.com staff
After making the determination that you are ready to sell your business,
it is important to organize all of the information that will be required
for potential buyer review and to complete necessary steps leading up to
closing. Below is a list of documents that are most commonly needed
during the sales process:
- Last 3 years financial statements and tax returns
- Most current Year-To-Date financial statements
- Cash Flow Worksheet or Seller’s Discretionary Earnings
(complimentary with our Showcase level membership) Link to Sell a
Business page
- List of inventory and estimated cost
- List of all Furniture, Fixture & Equipment with estimated fair
market value
- Real Estate details with estimated fair market value
- Lease agreements
- Franchise agreements (if applicable)
- Sales summary by product or customer
- Any significant customer contracts
By organizing copies of this information into a presentation package,
the buyer due diligence process will flow very smoothly and save your
valuable time. Not to mention, a professional package will add
intangible value to your business and increase positive perception of
the opportunity being presented. |
