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What Documents Are Needed To Sell A Business?

Sun Acquisitions

One of the first questions a seller often asks is, “What documents are needed to sell a business?”. We’ve split the required documents as follows: A checklist of the legal documents needed to sell a business. A checklist of the financial documents needed to sell a business. Legal Documents Needed to Sell a Business.

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Comprehensive Guide to M&A Due Diligence in Today’s Turbulent Economic Environment

Devensoft

During economic uncertainty, it is important to conduct thorough due diligence to identify potential risks and make informed investment decisions. Cash flow: examine the company’s cash flow statements to determine whether it has sufficient liquidity to weather economic downturns.

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Economic Substance

Wall Street Mojo

Economic Substance Meaning Economic Substance refers to the tangible and measurable economic activities conducted by a business entity. The Economic Substance Regulations (ESR) are implemented to ensure legal compliance, maintain credibility, and foster fair and transparent global economic practices in taxation and accounting.

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What should I include in a Confidential Information Memorandum (CIM)?

iMerge Advisors

In the world of mergers and acquisitions, the Confidential Information Memorandum (CIM) is more than just a document its your companys first impression to serious buyers. A CIM is a detailed, confidential document prepared by a company (or its M&A advisor) to present the business to potential acquirers or investors.

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How to Sell My IT/MSP Company: Insights from Tim Mueller

How2Exit

He discusses the key factors that sellers need to have in order, including legal and financial documentation, a strong management team, and well-documented processes. He highlighted the need to have all legal and financial documents in order, including operating agreements, board minutes, and properly categorized financial statements.

IT 130
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Can a sole trader employ staff? 

Growth Business

As a UK business (even as a sole trader), it’s vital to keep in mind the documents any prospective employee will need. Employing someone illegally could mean a fine of up to £60,000 per employee, so it should be a priority when hiring.

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Is Now the Best Time to Sell My Business in 2023?

Lake Country Advisors

The current market conditions and economic landscape have created a fertile environment for business sales. Timing Factors Economic cycles have a significant impact on business sales. In periods of economic growth, businesses generally perform better, making them more attractive to potential buyers.