Buying and Selling a Business
There are a variety of reasons why people decide to sell their business. They may not have enough time to invest, be ready to cash out, or simply want to devote their attention to other aspects of their lives. Even if someone isn’t prepared to sell their firm right now, it’s critical to have a plan in place, as it will considerably improve day-to-day operations.
Topics in this chapter include how to prepare your business to sell, business evaluations, using a business broker, and how to properly transition employees.
Topics & Lessons
Each Below Topic Contains a Video Lesson and Helpful Downloadable Information
How to Prepare Your Business to Sell
How to Evaluate a Business for Sale
Using a Business Broker
Before and After a Business Sale
Test Your Knowledge
To receive credit for taking this course through TSBDC, take the quiz below to demonstrate your knowledge.
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To begin the process of selling your business, you should:CorrectIncorrect
In order to get a good business valuation, you should be in business at least:CorrectIncorrect
__ typically handle businesses that are less than $2 million in top line revenue.CorrectIncorrect
When selling a business, the stock sell will be more advantageous for the seller because 100% of it will be in capital gains. The tax rate will be lower than your ordinary income tax rate.CorrectIncorrect
Want to learn more about how this topic relates to your business?
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