When your company begins to grow, it is most likely that
investors and business proposals will begin to arrive to be part of it; there
is also the possibility that finances go bad, this situation selling the
company or part of it is an option. These are two main factors that tell you
when to sell part of the business.
However, selling a part or all of your company is not as
simple as receiving a payment and disregarding everything; because being a
project in which you worked and made an effort, sentimentality always appears.
In addition to the fact that the sale of a part of the company entails a series
of legal procedures that you must take care of.
When to sell part of the company?
You can really sell a part or all of the company whenever
you want, but there are situations in which carrying out such an operation can
be profitable; Among the circumstances to sell part of your company there are
many, but there are 3 of them that stand out above the others.
1.- Seeking financial support is one of the main reasons why
owners tend to sell part of their company; This occurs due to the company's
lack of resources, which prevents it from growing. Put more simply, it consists
of selling part of the company in order to obtain a greater investment.
2.- It may happen that the company is in a bad financial
condition, and in some cases close to bankruptcy; selling is an alternative in
this situation. Although it is clear that very interesting offers will not
arrive.
This does not mean that if the company has a bad financial
projection you should sell it partially or totally; Well, that decision will
depend more on your business profile and your ability to restructure the work
mechanisms and perhaps avoid bankruptcy.
3.- Finally, we have the relationships between partners,
since the situation may arise in which the relationship is unsustainable; This,
although it may seem a trifle, can seriously affect the operation and
decision-making that will determine the direction of the company. It may happen
that, in these cases, one of the partners involved decides to sell.
How to sell a part of the company?
Like any procedure, the sale of a part of the company
involves a protocol that you must follow to do it correctly.
1.- You must be sure of making the sale, having clear
reasons and figures generates more confidence to the buyer.
2.- Notify the person you consider to be your right hand man
of the decision, as he will remain in the company
3.- Keep the sale a secret until it is a fact and has been
finalized.
4.- Choose a single company to represent you in the sale and
be totally clear and transparent with them.
5.- Consider both points of view, both seller and buyer;
because your financial claims can overwhelm the buyer if you are not willing to
negotiate.
6.- Carry out all the legal procedures and be attentive to
all aspects of the transition to optimize it.
Selling a part of your company can be a difficult decision,
so you should consider it well before taking the step. In addition to that you
must take into account certain aspects before making the transition.
bloggerelle entertainmentweeklyupdates countrylivingblog theallureblog technoratiblog
.jpg)
