At the outset, it's important
for you to sit down and do some serious thinking about what,
exactly, you want from the sale.
* Do you want an all-cash deal,
so that you can wash your hands of the thing?
* Or would you be willing to trade a house or property?
* Or would you vendor finance part of the sale price?
* Would you consider a Joint Venture (JV) partner for a set
time?
This type of sale allows the owner to free up capital and
grow the business
while giving the new partner expertise and security.
* If the business is located in property owned by you, will
you sell the property
with the business, lease the property to the new business
owner or combine
the two to a lease with an option to buy?
* Do you want certain tax advantages in exchange for a lower
sale price?
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