How To Sell Your Small Business Franchise Fast - Tips 3 and 4

Selling a Small Business Franchise

Step 3 - Prepare your small business franchise with a good sales package to target your potential buyers.

Establish the value of the franchise, set a price, include your assets and financial statements (cash flow), and include other pertinent information needed in the operation of the business.

You can include services like free assistance and training in your sales package.

Step 4 - Understand what the market is looking for. What is the trend in the market today? How big is the demand for your franchise? Are you the only small business franchise business of this type in your geographical area and/or for sale?

Know how the market works - When you know your market, you know where to find your potential buyers.

This is necessary in order to locate where to market your small business franchise otherwise you will have little impact in your target in order to sell your business.