Q: How long does the selling process take?
A: The process generally takes 4 to 10 months. However, some businesses are closed in less than a month. That is why it is vital to be prepared before you list your business for sale. Otherwise, you waste time and scare off buyers and miss opportunities to sell.
Q. Why do I need Accountant Prepared financials?
A: The only goal of preparing your business for sale is to eliminate all doubt from the buyer’s mind.
A trusted source for financial information is paramount in creating trust and credibility.
The only exception is a cash sale of a small business earning less than $50,000 a year.
If your businesses grosses $51,000 a year, get Notice to Reader financials prepared. It will add value well beyond the cost of an Accountant. See our list of trustworthy resources here.