Evaluate the business net worth by listing the business's assets and analyzing the business's books of records. List the assets of the business for show to the buyer. This is a legal requirement.
Review the business processes to ensure that you thoroughly understand the business in question. This enables you to represent your client effectively in an informed manner. You are able to answer the broad range of queries from the prospective buyer, if you fully understand the business.
Hire an external auditor to go through the business's books of accounts to enhance credibility to the client. This assures the buyer that the business is transparent and that there are no hidden debts or legal issues that are undisclosed. It also limits your legal liability.
Run advertisements through appropriate media venues to attract prospective buyers. You could use avenues, such as newspapers, television and websites. Examples of websites include businesforsaleus.com and floridabusiness.com.
Handle the clients according to set legislation. Maintain utmost transparency to ensure no legal liability and a smooth transition of ownership between the client and the buyer.
Sort through the prospective buyers to ensure that you pick the best deal for the client. This may prove a little daunting, if you have a large number of responses or if the client has a specific condition that the buyer must meet before purchasing the business or conducting a business transfer.