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That is such an important step. Buyers are smart and want to know may came to the price understand. Now you know what to do you can stand behind your price. Plus you will know just what the market does. It isn't the accountant or that the balance sheet or your uncle attorney that dictates the price, it's the market! So knowing this, it vital to know just what the market price. I have seen market prices be twice what the accountant says the firm is worth!
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Yes, chances are you'll very well need seek advice from a lawyer during the sale or paying for a undertaking. As a rule, I always recommend that both clientele consult their attorney for your review any sort of legal forms. Remember that business brokers, no matter how experienced, are not licensed to, and therefore should not, give legal advice.
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How will be the financials? Can be there some unusual entries over your P/L which have escaped needed adjustment? Are common sales accounted for? Do you have a good clean P/L statement? For smaller businesses Do a person a P/L and Balance sheet?
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