31 Steps in Selling a Business

Why Does A Seller Pay Commission?

Services provided by Weyman Jones Business Brokers & Valuers:
  • Consult with Seller & review of documentation
  • Analyse financial statements
  • Review market trends
  • Evaluate the business
  • Advise Seller on how to maximise sale price
  • Develop marketing plan
  • Explain & complete Agent’s Appointment & listing forms
  • Prepare business memorandum
  • Prepare & submit advertising to newspapers, magazines, websites, etc
  • Search for and notify existing Buyer’s database
  • Receive new Buyer inquiry
  • Qualify new Buyer inquiry
  • Ensure confidentiality of Buyer inquiry
  • Consult with Buyers & Seller
  • Arrange inspection of the business with Buyer & Seller
  • Attend inspection of the business with Buyer & Seller
  • Follow up with Buyer & Seller
  • Prepare offer from Buyer
  • Present offer to Seller
  • Negotiate acceptable offer with both parties
  • Prepare sale agreement
  • Consult with Solicitors
  • Arrange for contracts to be signed
  • Coordinate Buyer due diligence, approval of lease, etc
  • Follow up with Buyer & Seller
  • Ensure finance is approved
  • Coordinate training & assistance by Seller to Buyer
  • Consult with Buyer & Seller regarding transfer of licences, certificates, assignment of lease, staff, supply agreements, client data, etc
  • Ensure stock take is completed
  • Ensure settlement is effected
  • Follow up with Buyer & Seller