Information and Advice

If you are new to business transfer, then you will be pleased to know we have a collection of hints and tips to guide you along. Even if you have bought or sold a business in the past, these guidelines can still be useful, to ensure that you do not miss a vital step.

	Important steps in buying a business.
	Important steps in selling a business.
	Get help for buying or selling a business and links to professional services

10 Steps to Buying a Business

	Search The Business Sales Partnership ltd web site by Location, Type of Business and Price Range. Register your name and address, print out or send for the details.
	Contact the selling agent to arrange a viewing appointment.
	Decide if an independent valuation is required.
	Agree the purchase price.
	Appoint an accountant to prepare your business plan.
	Arrange finance for the purchase.
	Appoint a solicitor.
	Appoint a stocktaker if relevant to your purchase.
	Ensure you have adequate insurance.
	Move in and start trading.

10 Steps to Selling a Business

	Appoint a Business Transfer Agent.
	Determine an asking price. Your BSP Agent will provide an accurate guide.
	Agree a marketing strategy. Ask us to help - we are the professionals.
	Appoint an accountant to advise on capital gains or corporation tax.
	Meet prospective purchasers and agree a selling price.
	Appoint a solicitor to act on your behalf.
	Appoint a stocktaker if required.
	Complete the sale and move out.
	Consider your future. Take investment/insurance advice.
	Relax, retire or buy another business.