I'm looking for some feedback/strategies/ideas for someone trying to go through the process of selling a local small business. My dad is trying to retire and I want to help him get the most that he can for his company that he grew and managed himself for the past 30 years.
Some of the obvious things that come to mind is prepping the last 5 years of book keeping, payroll, tax returns, gross/net income. Should there be any other obvious things that I should be helping him get ready?
Any recommendations on advertising the actual sale of his business other than listing on some of these business sale websites? As well as any tips for negotiating with potential buyers?
If it matters this is in the South Florida area.
Thanks in advance
Some of the obvious things that come to mind is prepping the last 5 years of book keeping, payroll, tax returns, gross/net income. Should there be any other obvious things that I should be helping him get ready?
Any recommendations on advertising the actual sale of his business other than listing on some of these business sale websites? As well as any tips for negotiating with potential buyers?
If it matters this is in the South Florida area.
Thanks in advance
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