Selling or Buying a Business in the UK. How to finance buying a business and the questions to ask when buying a business covering buying a business name and buying an online business. How to prepare your business for sale covering contracts and valuations.
As an entrepreneur, you start your company because of your passion for what you are doing. Yet, no matter how much you love your business, you will eventually need to sell it. This guide from SmallBusiness.co.uk offers three great ways to ensure you get the most money possible for it.
My business has been for sale with incompetent agents. I must sell as soon as I can due to severe health needs. The business is solvent and profitable but needs total commitment. I am a sole trader with no family and cannot afford to walk away. Are there other options open to me?
I'm buying a shop which employs two staff, one of whom I will no longer need as I'll be working there myself. Is it reasonable to ask the vendor to tell the employee, arrange a leaving date etc, or must everyone stay in their jobs until after the handover?
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