{"id":4649,"date":"2016-04-04T10:47:37","date_gmt":"2016-04-04T15:47:37","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-law\/smallbusiness\/closing-a-business\/how-and-when-to-sell-a-business.html"},"modified":"2024-05-23T00:54:49","modified_gmt":"2024-05-23T05:54:49","slug":"how-and-when-to-sell-a-business","status":"publish","type":"page","link":"https:\/\/www.findlaw.com\/smallbusiness\/closing-a-business\/how-and-when-to-sell-a-business.html","title":{"rendered":"Maximizing the Sale of Your Business"},"content":{"rendered":"\n
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Maximizing the Sale of Your Business<\/h1>\n
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\n By Amber Sheppard, Esq.<\/a> | Legally reviewed by Amber Sheppard, Esq.<\/a>\n | Last updated\n
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Editorial Note: We earn a commission from affiliate partner links on FindLaw. Commissions do not affect the editorial integrity of our legal content.<\/p>\n\n <\/div>\n \n

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The last updated date refers to the last time this article was reviewed by FindLaw or one of our contributing authors<\/a>. We make every effort to keep our articles updated. For information regarding a specific legal issue affecting you, please contact an attorney in your area<\/a>.<\/em><\/p>\n\n <\/div>\n <\/details>\n<\/section>\n

An entrepreneur’s decision to sell their small business can be difficult. Most business owners<\/a> have put considerable time and energy into their business. Prospective buyers worry about business valuations and cash flow. Entrepreneurs focus on financial records and financial statements during the sales process.<\/p>\r\n

You may only have one opportunity to maximize your sale price. Do your due diligence before the sale to receive the best price from the new owner. This article explains what to expect and helps you plan before you sell your small business<\/a>.<\/p>\r\n

Deciding When To Sell a Small Business<\/h2>\r\n

There are some scenarios when it’s optimal for entrepreneurs to sell their business as it can increase their asking price:<\/p>\r\n