competition

May 22, 2019

Selling a Business to a Competitor

Offering up your small business for sale is no easy feat. And selling a business to a competitor can easily imbue this feat with even more logistical and emotional complications. Luckily, there are many experts out there that have helped many business owners in selling a business to a competitor. Even more, there are business veterans who have gone through the process of selling their own businesses in the past. 1. Get an Idea of Your Business’s Value If you are serious about selling, have your business appraised. When you make the first move to sell your business, you should be prepared to offer a selling price. An appraisal will help you set that price based on market facts, rather […]