Written by attorney Daniel J. Hofherr

SO YOU WANT TO SELL YOUR BUSINESS? How to prepare to sell your business

You are past the expansion phase and now you want to cash out. What do you do? Before you put a “for sale sign” in the front yard and begin courting potential buyers, you would be best served to do presale planning.

Here are steps to help you get ready to sell your business:

Additional resources provided by the author

If you have questions about buying or selling your business please contact Daniel Hofherr at [email protected] Daniel Hofherr is an attorney at Offit Kurman, P.A. in its Business Law and Transaction practice group. He advises clients that are in all phases of the business lifecycle from startup, to growth and expansion, and maturity and exit. As a business lawyer, Mr. Hofherr assists clients in matters such as developing internal corporate governance framework, admission and separation of equity owners, private equity financing, employee retention incentives, customer contract management, intellectual property licensing, and business succession planning.

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