![]() | GETTING YOUR BUSINESS READY FOR SALE | ||||
![]() Are You Ready to Retire? Retirement Budgeting Sources of Retirement Income Tax-Deferred Savings Vehicles Estate Planning Selling Your Business Getting Your Business Ready for Sale Working With a Business Broker Closing-Your-Business Sale More Resources: Retirement Planning | Preparing a Selling Memorandum to Market Your Business A selling memorandum essentially is a business plan in reverse; it summarizes the important financial and market information about your company and puts it in a positive light. A selling memorandum should include:
Adapted fromCommerce Clearing House’s Business Owner’s Toolkit TIP: Don’t forget that the sales memorandum is a marketing piece. Be sure to explain to prospective buyers why your company presents a great opportunity. TIP: Don’t show your selling memorandum to anyone who has not signed a confidentiality agreement. That includes your business broker (who may help create it), your attorney, and your accountant. 6 People Who Might Buy Your Business > | |