So you want to sell your business, hopefully you’re asking this question several years before you actually want to sell the business so that you can stop and consider who you want to sell this business to. Do you want to sell it to the employees, do you want to sell it to your children, are you going to sell it to a third-party, perhaps an overseas investor that may be coming here on an E5 Visa.

You can then set up your corporation in such a way that it will be attractive to that type of purchases. But if you’re not three years ahead and you’re ready to sell your business, the first thing that you’re going to need to do is consult with persons that can help you sell the business like a business broker.

A business broker is going to ask you to sign a contract and to understand that contract you should go to your general counsel for your business and seek their advice on the appropriate avenues to go about selling that business.

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