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Nothing is forever; even your business. There may come a time when you want out, and one way is to sell the business.Selling a business is not easy, and you need a lot of preparation and even assistance. When thinking of selling a business, here are some questions to ask yourself:Why are you selling your business? Is selling the best option for you?Is it the right time to sell, considering the state of the economy and the industry?What type of business are you selling? What are the unique characteristics of this business that may come into play when selling?Who can help you with the process of selling your business? Do you have a lawyer, financial advisor, etc?Should you use a business broker?What type of advice do you need to establish your selling strategy?Where and how can you find the best qualified buyers?How do you put a value on your business?Can your financial statements withstand the scrutiny of buyers?What will the terms of sale specify?Are you willing to finance any part of the deal?How are you going to handle the sales proceeds?Do you want to be involved with the business after the sale, perhaps in a consultant or full-time manager capacity?

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