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Selling Small Businesses
What do you do if you want to sell a small business that’s not worth a huge amount of money? Your options seem to be pay an agents full fee which if you are not vat registered could be over £4,000 (a huge slice of your £15,000 proceeds) or do it yourself. I have valued numerous small businesses and met with a large amount of small business owners who are in this position, and basically because it doesn’t cost anything less to sell a small business as it does to sell a larger one, the conclusion from the owner was that he could not afford our services. Vandervells have however now developed a service aimed at these business owners which is not a full service but aims to help the business owner sell his business himself and only costs a proportion of the full fee. For more information visit the Vandervells website at www.vandervells.com
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