How Long Does it Take to Sell a Business?
02/11/2022
Selling Your Business?
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There has never been a better time to sell a business, but it’s easy to wonder how long it should take from start to end.
Selling a business requires a huge team effort, from correct valuation to effective marketing and negotiating – putting your business in front of the widest possible audience and finding a perfect match.
Here is a short guide on how long it takes to sell a business…
Selling Your Business
Deciding to sell your business can be a large stepping stone in your personal and professional life – whether it’s a small family business or a corporate development, knowing it’s the right time to sell is key.
Deciding that you’d like to sell your business and implementing the right research techniques as soon as possible will speed up the selling process – indecisiveness and backtracking can hinder progress. That’s not to say you should rush into anything, however, with Intelligent we will guide you every step of the way.
Finding what platform to sell your business on is also of great use – with over £22M in sales, Intelligent’s experienced is unrivalled.
Valuing Your Business
Valuation is key when it comes to selling your business quickly – if the valuation isn’t correct or accurate, chances are there will be a back-and-forth between you and a potential buyer, which will only slow the process down.
Our most frequently asked question is “how do I value my business?”, yet the best place to start is our FREE and instant business valuation. Working out the value of a business can be a complicated process, and getting an accurate company valuation is key to balancing maximum value versus a quick business sale.
Marketing Your Business
Arguably, marketing is also one of the main elements that speeds up the sale of your business – reaching a wide audience through marketing will make finding your perfect match easy, that’s exactly why Intelligent’s marketing experts have developed successful techniques that market your business effectively.
Brilliant marketing makes a quick sale, so it’s important that your business is marketed to target a wide audience, shows your business in a profitable manner and highlights all USPs.
The truth is… we don’t have an exact time frame for how quickly your own individual business will be sold, and that’s because there are plenty of factors that may affect this.
However, one thing we do know for sure, is that effective marketing and an accurate valuation are both key parts of selling a business quickly.
Do you know how much your business is worth? Check out our FREE and instant business valuation below!
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At Intelligent, all of our experts use a specific formula that will give you a free and highly accurate baseline valuation so that you've got a figure to work with that most realistically resembles the value of your business.