The Selling Process
How long does it take to sell a business?
Most small-business sales take several months, although the timeline depends on financing, due diligence, record quality, and the complexity of the company.
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Questions about offers, due diligence, financing, closing, and transition.
The Selling Process
What is seller financing, and should I consider offering it?
Seller financing means you, as the seller, agree to accept part of the purchase price over time instead of getting the full amount in cash at closing, similar to acting as the buyer's lender. It can widen your pool of buyers and may let you spread out your tax bill, but it also means taking on the risk that the buyer doesn't pay you back in full.
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What is the best way to sell a small business?
There's no single "best" way that fits every business, but most successful sales follow the same general path: get an accurate valuation, prepare your financial and legal records, find and qualify the right buyer, negotiate terms and structure, complete due diligence, and close with proper legal documents. The right approach for you depends on your business size, how much time you have, and whether you want to run the sale yourself or work with a broker or advisor.
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