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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