Selling Your Small Home Business
Business brokers usually deal with buying and selling businesses for at least six figures. What if your business is smaller? Does that mean you can’t sell your small, home business? Of course not!
Very Write will coach you through the steps in preparing and selling a small business to your best advantage.
Create a State-of-the-Business Snapshot
You need to plan and market the sale of your business much as you would a product in your store, though the plan itself is much simpler.
- Your small business was your dream. What attracted you? That may be the point to attract a new buyer.
- You have developed a product or service that customers want. What is the greatest strength of your product or service? Emphasize that to potential buyers.
- You know every detail of what it takes to manufacture or stock your product because you worked hard to streamline that process. What are the steps? This is the valuable knowledge your buyer wants.
- You created a website and other marketing tools for your business. How are they working? Your potential buyers will want to know where the business stands.
Gather all of the details about your business that a potential buyer will want to know then create a sales document that tells them exactly what they will be buying. This snapshot looks similar to the summary of a business plan.
Market the Sale of Your Business
Because you know your business, you also have the best idea who your potential buyer will be. Where is your buyer looking? Could one of your customers be your buyer? How about one of your vendors?
With the help of Very Write, you will launch a campaign to sell your business. I will share the experience I have accumulated helping people just like you and me. I will help you reach that wonderful last step where you take that check to the bank, pack up the boxes, and sing a song.
Contact us today to ask how we can help you sell your business.
Let go of one dream and reach for another!