Page 5 - SEll Your Business Booklet

9 9 Proven Steps

8 Settlement

Once all the conditions
7 Due Diligence in the agreement have
been satisfied, the
business is declared
6 Sale and Signing the Sale and will finalise all legal
unconditional. Solicitors
Purchase Agreement
documents, a final
doesn’t necessarily
Purchase
stocktake will be
mean the business
5 Qualifying Agreement is sold. Most buyers carried out and the sale
will be settled.
will want to verify your
After a potential
information during a
The seller usually
buyer has reviewed
Buyers
due diligence period.
for an agreed period
Marketing We know that not the IM and expressed They’ll also need to assists in the business
interest, they’ll have
every enquiry about more questions and review information post sale, to ensure
LINK is one of the a business for sale will usually ask for previously withheld there’s a smooth
largest business is from a genuine further information due to commercial transition.
sales marketers potential buyer. But or documents. sensitivity. This process
and advertisers in qualifying every buyer generally takes 5 to 15
Australasia. is often a surprisingly A LINK broker coordin- working days, although
ates this process,
Through decades time-consuming and by liaising with the for more complex
of experience and difficult process. business owner or their businesses, it can be up
measurement, we know Acting as an indepen- financial/legal teams to to 90 days or more.
how to create effective dent third party, LINK negotiate a conditional
marketing campaigns. brokers can maintain Sale and Purchase
Ads, brochures, web, confidentiality until Agreement without
social media and other all potential buyers yet supplying sensitive
communications are have been vetted details.
carefully planned and qualified.
and executed to
attract buyers without
identifying your
business.

Don’t dream of better –

let’s make it happen.

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