Milestone 1 of 13 Sell your business

Prepare your business for sale

Put your accounts, contracts, property and intellectual property in order, and reduce how much the business depends on you.

Have in place before you go to market

At least 3 years of accounts prepared by an accountant, and up-to-date management accounts Customer, supplier and finance contracts reviewed for change-of-control or assignment clauses Your lease checked for assignment and break clauses Intellectual property, domain names and key assets owned by the business, not by you personally Key customer and supplier relationships handed to others in the business Disputes, claims and compliance gaps settled before a buyer finds them An accountant and a solicitor who handle business sales, and for a larger business a corporate finance adviser