Welcome to Thomson Snell & Passmore’s legal guide to selling your business. Selling your business is one of the most important decisions a seller will ever make. For many business owners, entrepreneurs or management teams, it will often be unfamiliar territory.
We have prepared this guide from the seller’s perspective to provide an overview of the main 8 stages involved in a sale. The key is to seek professional advice at the earliest possible stage. This will enable the seller and advisers to plan the sale process fully and identify any issues well in advance. This proactive approach should be rewarded in terms of both a smooth sale process and a better deal for you as the seller.