How to Sell a Small Business

Selling a small business is a milestone. Start by getting your financials in order — clean books for the last 2-3 years build buyer confidence. Next, arrive at a defensible valuation using revenue and profit multiples common in your industry. Prepare a confidential information memorandum that tells your business's story without exposing sensitive data upfront. List on a focused marketplace, screen buyers early, and use confidentiality agreements before sharing details. Finally, negotiate terms, complete due diligence, and close with professional legal support.