Business Sale/Transfer

Planning for the sale or transfer of your business requires careful timing.

On average, it takes about a year from the initiation of the sale process to its completion. Proper preparation involves identifying the necessary expertise in areas such as finance, law, social regulations, and technical aspects.

The 5 key factors to consider:

  1. Understand and identify the reasons for selling:
     These can vary, such as retirement, a need for liquidity, or passing the business (partially or entirely) to the next generation.
  2. Business size and scope:
     Define the scope of the sale—whether it involves selling the entire company, its subsidiaries, or associated real estate assets.
  3. Minimize risks:
    • Restructure the business to reduce dependencies on key leaders or managers, as their departure during the sale could affect operations and potentially impact the company’s valuation.
    • Address dependencies on major clients or suppliers to avoid disruptions in relationships post-sale.
  4. Be strategic:
     Aim to sell when the business has strong visibility and stability, allowing potential buyers to confidently envision future opportunities.
  5. Seek expert guidance:
     BDO experts are here to assist you in evaluating the feasibility of your project, setting a timeline, identifying buyer profiles, and determining the value of your business.

With the right support and preparation, you can maximize the success of your business sale or transfer.

Need to sell or transfer your business?