1. Begin preparing for the sale well in advance
A corporate acquisition begins by preparing the business for sale. Before going through with the sale, the business must be in good overall order and not dependent on the current owner.
Before selling, it is worth going through the balance sheet and removing anything that is not the company’s core business. Ensure that the company’s contracts, processes, products and financial management are carefully documented and archived.
We also recommend writing a sales brochure that contains basic information about the business, its organisation, the market situation, products and most important customers and suppliers.