Things to Consider When Listing Your Business for Sale

Before listing, it’s important to ask the hard questions, review your readiness, and prepare your business for buyer scrutiny. Here's how.

Are You Really Ready to Sell?
  • Assess your personal motivations and timing
  • Consider whether you need guidance rather than a sale
  • Discuss options with a Business Broker before proceeding
Business Premises
  • Evaluate curb appeal and fix visible issues
  • Ensure signage, cleanliness and presentation is strong
  • Review interior condition from a buyer’s view
People and Operations
  • Prepare job descriptions for yourself and all staff
  • Document employment policies and contracts
  • Address staff turnover or HR concerns
Systems and Procedures
  • Detail your workflow, ordering, reporting, and admin processes
  • Create or update a policies and procedures manual
  • Minimise guesswork for future owners
Financial Readiness
  • Ensure profit and loss and balance sheet are current
  • Have tax returns and BAS statements available
  • Speak with your accountant about capital gains tax
Due Diligence Preparation
  • Prepare 3 years of financial and tax documents
  • Ensure legal structure and compliance is in place
  • Resolve any liens, legal disputes or employment issues

Want to Sell Your Business?

Call 1300 33 18 14 or simply contact a BBNA Business Broker in your state and say,
"I want to sell my business"

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