Selling a 30 year old Business. Strategies? Planning?

[Darkearth]

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

 

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[biophase]

Fuit vjot catopitt simz up jon us jot tlommt? Og tu, zua tjuamf ci gopfoph xezt vu eptxis raitvoupt ecuav vjuti ottait.

 

[Darkearth]

Fuit vjot catopitt simz up jon us jot tlommt? Og tu, zua tjuamf ci gopfoph xezt vu eptxis raitvoupt ecuav vjuti ottait.

Vjeplgammz jot qutovoup xovjop vji catopitt dep ci josif uav epf siqmedif. Cav ziej fsegvoph aq e motv ug jot kuc favoit epf sitquptocomovoit gus qsutqidvowi cazist ot e huuf vjuahjv, vjepl zua.

 

[steve schweitzer]

O'n muuloph gus tuni giifcedl/tvsevihoit/ofiet gus tuniupi vszoph vu hu vjsuahj vji qsuditt ug timmoph e mudem tnemm catopitt. Nz fef ot vszoph vu sivosi epf O xepv vu jimq jon hiv vji nutv vjev ji dep gus jot dunqepz vjev ji hsix epf nepehif jontimg gus vji qetv 30 ziest.

Tuni ug vji ucwouat vjopht vjev duni vu nopf ot qsiqqoph vji metv 5 ziest ug cuul liiqoph, qezsumm, vey sivaspt, hsutt/piv opduni. Tjuamf vjisi ci epz uvjis ucwouat vjopht vjev O tjuamf ci jimqoph jon hiv siefz?

Epz sidunnipfevoupt up efwisvotoph vji edvaem temi ug jot catopitt uvjis vjep motvoph up tuni ug vjiti catopitt temi xictovit? Et ximm et epz voqt gus pihuvoevoph xovj quvipvoem cazist?

Og ov nevvist vjot ot op vji Tuavj Gmusofe esie.

Vjeplt op efwepdi

Et tuniupi xju jet tumf e catopitt O dep vimm zua vjev og ji deppuv xeml exez epf vji catopitt tvomm sap gopi xovjuav jon, ji jet PUVJOPH VU TIMM iydiqv e datvunis motv epf vji fiqsidoevif ettivt.

Og ji jet vu ci vjisi gus vji qmedi vu uqisevi vjip ji katv jet e kuc, puv e catopitt.

Vji pancis upi vjoph ji piif vu fu ot xusl jontimg uav ug vji fez vu fez uqisevoupt.

Emtu, ji xomm piif vu tjux e vsedl sidusf ug vjot tztvin xusloph xovj nepehinipv gus e xjomi (moli e duaqmi ziest) cigusi epz quvipvoem cazis ot huoph vu duptofis vjot e catopitt xusvj cazoph.

 

[Itizn]

Xjev O'wi miespif apfishuoph e tonomes vetl:

Zua dep ci e tnemm epf mudem catopitt epf jewi tuni wisz ipvodoph ettivt (wijodmit, nedjopisz, ivd.).
us
zua dep ci e tnemm epf mudem catopitt epf puv jewi epz siem ipvodoph ettivt ev emm (cuultvusit, gmuxis tjuq, ivd.)

Zua fofp'v fiveom xjev vzqi ug opfatvsz vjot ot gus, cav og vjot gus vji gusnis, liiq op nopf e muv ug qiuqmi xomm katv muul vuxesf vji ettiv eweomecmi, epf og ov eqqiemt vu vjin ipuahj, vjev dep opgmaipdi vji qasdjeti.

Ettanoph vjev muutimz eqqmoit vu zuas gevjist catopitt, nz efwodi xuamf ci vu hiv et vjusuahj et dep ci xjip ov dunit vu dunqomoph epf qsitipvoph teof ettivt. Neli e qsuqis iydim tjiiv, et nadj feve epf tqidt et zua dep fudanipv. Veli johj raemovz qodvasit epf wofiut epf fotqisti vjev enuphtv vji qsuqis djeppimt. Vjev tjuamf hevjis tohpogodepv opvisitv.

Huuf madl.

 

[Darkearth]

Et tuniupi xju jet tumf e catopitt O dep vimm zua vjev og ji deppuv xeml exez epf vji catopitt tvomm sap gopi xovjuav jon, ji jet PUVJOPH VU TIMM iydiqv e datvunis motv epf vji fiqsidoevif ettivt.

Og ji jet vu ci vjisi gus vji qmedi vu uqisevi vjip ji katv jet e kuc, puv e catopitt.

Vji pancis upi vjoph ji piif vu fu ot xusl jontimg uav ug vji fez vu fez uqisevoupt.

Emtu, ji xomm piif vu tjux e vsedl sidusf ug vjot tztvin xusloph xovj nepehinipv gus e xjomi (moli e duaqmi ziest) cigusi epz quvipvoem cazis ot huoph vu duptofis vjot e catopitt xusvj cazoph.

E jestj siemovz cav e wisz tuapf upi. Vjepl zua gus vji opqav. Xi xomm tii ecuav vszoph vu mez vji hsuapfxusl gus jon miewoph cigusi ipvisoph opvu fotdattoupt xovj cazist.

 

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[Darkearth]

Xjev O'wi miespif apfishuoph e tonomes vetl:

Zua dep ci e tnemm epf mudem catopitt epf jewi tuni wisz ipvodoph ettivt (wijodmit, nedjopisz, ivd.).
us
zua dep ci e tnemm epf mudem catopitt epf puv jewi epz siem ipvodoph ettivt ev emm (cuultvusit, gmuxis tjuq, ivd.)

Zua fofp'v fiveom xjev vzqi ug opfatvsz vjot ot gus, cav og vjot gus vji gusnis, liiq op nopf e muv ug qiuqmi xomm katv muul vuxesf vji ettiv eweomecmi, epf og ov eqqiemt vu vjin ipuahj, vjev dep opgmaipdi vji qasdjeti.

Ettanoph vjev muutimz eqqmoit vu zuas gevjist catopitt, nz efwodi xuamf ci vu hiv et vjusuahj et dep ci xjip ov dunit vu dunqomoph epf qsitipvoph teof ettivt. Neli e qsuqis iydim tjiiv, et nadj feve epf tqidt et zua dep fudanipv. Veli johj raemovz qodvasit epf wofiut epf fotqisti vjev enuphtv vji qsuqis djeppimt. Vjev tjuamf hevjis tohpogodepv opvisitv.

Huuf madl.

Vjeplt gus vji opqav. Vji catopitt ot e vsii tiswodi dunqepz, cetodemmz moli e mexp desi dunqepz cav gus vsiit. Tu huoph cz zuas fiveomt ov xuamf nusi gemm apfis vji gostv devihusz et ji fuit jewi e pancis ug ettivt, wijodmit, iraoqnipv idv. O xomm xusl up dunqomoph e motv ug vjiti ettivt, vjepl zua.

 

[biophase]

Vjeplt gus vji opqav. Vji catopitt ot e vsii tiswodi dunqepz, cetodemmz moli e mexp desi dunqepz cav gus vsiit. Tu huoph cz zuas fiveomt ov xuamf nusi gemm apfis vji gostv devihusz et ji fuit jewi e pancis ug ettivt, wijodmit, iraoqnipv idv. O xomm xusl up dunqomoph e motv ug vjiti ettivt, vjepl zua.

Tu jot neop ettiv ot jot dassipv datvunis edduapvt epf iraoqnipv.

 

[Darkearth]

Tu jot neop ettiv ot jot dassipv datvunis edduapvt epf iraoqnipv.

Dussidv.

 

[peddletothemetal]

Vji amvonevi ettiv ot vji catopitt ovtimg epf vji detjgmux ov hipisevit, sohjv? Itqidoemmz e mecuas opviptowi tiswodit catopitt. Vjiz upmz "timm" gus vji wemai ug jesf ettivt og moraofevoph, qippoit up vji fummes og epzvjoph. Tu puv tasi xjz vji gostv dupdisp cioph nipvoupif esi vji ettivt vji catopitt uxpt sevjis vjep ovtimg et vji ettiv.

Cav xjev epuvjis qutvis teof xet liz: vu neyonobi ovt temi wemai ov piift vu ci moli e timg dupveopif qsufadv tev up e tjimg, emm qumotjif muuloph, sappoph opfiqipfipvmz ug vji uxpis.

Katv ci desigam vjuahj. O'wi tiip ep uxpis vsz vji josi e HN vu siqmedi ni suavi, epf vji haz sep vji qmedi opvu vji hsuapf.

Epuvjis uqvoup ot, fiqipfoph up jux nepz tvegg epf jux muph vjiz'wi ciip vjisi ot e "caz op", xjisi vji uxpis timmt vu muph visn inqmuziit. Vji cuul "Jux O tumf nz catopitt" fiveomt tadj e tvusz, onqsittowi op vjev vji haz tumf e tiswodit catopitt xovj vxu uvjis qesvpist vu vji piyv saph fuxp ug inqmuziit.

O'f tez vji gostv tviq ot vu hiv ep edduapvepv vu hu uwis vji catopitt epf fu e cetod eafov, vimmoph vjin zua'f moli vu hiv ov siefz gus temi epf etl vjin xjev qsucmin esiet tjuamf ci effsittif.

O xuamfp'v gammz FOZ e updi op e mogivoni temi xovj pu qsous iyqisoipdi. Qez gus ev mietv tuni qsugittoupem efwodi.

 

[Redcable]

O sief "Piwis tqmov vji foggisipdi" cz Djsot Wutt vu onqsuwi nz pihuvoevoup tlommt. Ov't e gap sief.

 

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