Tip: Use a tax advisor to explore strategies like installment sales to reduce tax hits.
exitplan
Confidential Selling: How to Market Your Business Without Tipping Off Employees
Use a Broker: They handle inquiries and screen buyers anonymously. Emails and strange communication will not happen allowing you to run your business and keep things as they are
Financial Cleanup Checklist: Getting Your Books Ready for a Business Sale
I would tell you that better than 70% of the time business owners have made short term decisions in a vacuum without thinking of the end goal of wealth and a exit. Now is all they think of resulting in really horrible outcomes at the time of sale. If your CPA is not having this conversation with you you need a new CPA.
Top 10 Mistakes Business Owners Make When Preparing to Sell (And How to Avoid Them)
Work with a business broker to streamline the process and avoid these traps.
How to Value Your Small Business Before Selling: A Step-by-Step Guide
Gather Financials
Collect three years of profit-and-loss statements, balance sheets, and tax returns. Buyers want clean, organized data to assess profitability.