Remove Document Remove Due Diligence Remove Exit Strategy
article thumbnail

How to Sell Your Business to a Competitor: Maintain Anonymity & Achieve Your Ideal Exit

Axial

This one-page, anonymized document is designed to generate interest in your business. After this, the next documents are: Indication of Interest (IOI) : This outlines key information such as the estimated deal price, how the buyer plans to finance it, employee retention strategies, and a rough transactional timeline.

article thumbnail

Business Exit Planning: Set and Meet Your Exit Goals

Axial

This stage of exit planning involves: Creating a detailed succession plan that identifies your new management team. Documenting the succession plan to share with potential buyers at the appropriate point in the sale process. Prepare for smooth conversations with your deal team and buyers by providing the documentation quickly.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Small Business Exit Strategy: How to Exit Your Business Through an M&A Process

Axial

There are several types of exit strategies for small businesses, each requiring careful planning. In this post, we focus on developing an exit strategy to sell your business through the mergers and acquisitions (M&A) process. They need to confirm your commitment to exiting.

article thumbnail

How to Sell My Healthcare Business

Axial

As you progress in your exit strategy, make sure your licences are up to date and transferable when appropriate so the new owner can continue operating the business after you step away. Its also important to review documents like leases, as your location and premises may significantly impact your businesss value.