5 ways to get ready to sell your business

02/21/2013 | Entrepreneur online

If you've decided to sell your business, you should do what you can to make it more attractive to buyers, just as you would when you sell a house, writes Brad Sugars, founder and chairman of ActionCOACH. "You'll want to run for the next year with good financials, so keep your paperwork up-to-date and document everything," he writes. Consult with business brokers, put together a sales kit and learn about how companies in your industry are typically valued, he recommends.

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