What documents need before selling a business?

 

When selling a business, there are several documents that you will need to gather and provide to potential buyers. The exact documents required may vary depending on the nature and size of the business, as well as the specific legal and financial requirements in your jurisdiction. However, some common documents that are typically required when selling a business include:

 

Financial statements: This includes documents such as profit and loss statements, balance sheets, cash flow statements, and tax returns. These documents provide a detailed overview of the financial health of the business and can help buyers assess its value. Learn More Here 

 


Contracts and agreements: This includes documents such as employment contracts, supplier agreements, customer contracts, and leases. These documents can help buyers understand the terms and conditions of the business’s existing relationships.

 

Licenses and permits: This includes any licenses or permits required to operate the business, such as business licenses, operating permits, and environmental permits. These documents provide proof that the business is operating legally and in compliance with all applicable regulations.

 

Intellectual property documents: This includes any patents, trademarks, copyrights, or other intellectual property owned by the business. These documents can help buyers understand the scope and value of the business’s intellectual property assets.

 

Corporate documents: This includes documents such as the articles of incorporation, bylaws, shareholder agreements, and board meeting minutes. These documents provide a detailed overview of the structure and governance of the business.

 

Overall, gathering and providing these documents is a critical part of the process of selling a business. By having these documents in order and readily available, you can help ensure a smoother and more efficient sale process, and increase the likelihood of finding a suitable buyer who is willing to pay a fair price for your business.

 

If you are looking for selling a business then Sigma Mergers & Acquisitions is the ideal service provider for you to get in touch with. See More Here What are the legal and financial requirements for selling a business?

 

Sigma Mergers & Acquisitions

 

16775 Addison Rd Suite 475, Addison, TX 75001, United States

 

+1 214 214 9400

 

https://www.sigmamergers.com/

 

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Scot Cockroft Business Broker
Hi, I’m Scot Cockroft.

When I founded Sigma Mergers and Acquisitions back in 2003, I had sold my business the year prior.

Now, that can sound good, but let me tell you, back in 2003, it was not easy to sell a business. Not that I’m saying in modern day times it’s easy to sell a business, but back then I interviewed broker after broker after broker, and no one was interested in actually seeing the value that my business brought to the table.

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Sigma is a the leading business broker in with Corporate offices in Dallas/Fort Worth with roots from 1984. Over 600 businesses sold in Dallas, Fort Worth, Texas, Oklahoma and across the South. Sigma provides full business brokerage services with NO upfront fees. We provide Market approach business valuations for business sales. Sigma is passionate about helping business owners achieve their goal of financial security. Contact us today for a free no obligation business valuation. We are here to help you achieve your goals.

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