These days, selling a business is a common exit strategy for business owners. Sometimes, there is a need to sell businesses due to the lack of successors; and sometimes, business owners want to convert the businesses into liquid assets. Whatever the reason you need to sell your business in the US, you should follow below-mentioned steps to make sure that you get the best value for your company:
Sell your business at the right time The most common reason to sell a business is that a business owner wants to retire or needs to make a change for health or family reasons. Needless to say, it can be extremely difficult for you to• deal with the additional stress of selling a business in such a circumstance. There also is the chance that the buyer can use take advantage of the situation if you don’t plan ahead. Therefore, if you considered selling your business, you should do it when the business is doing well and you are not in a desperate situation. This will help you get the best value for your business. Utilizing the help of a reputed M&A consulting firm increases the chances that you will be able to sell your business at a higher price.
Be clear about what you are selling Before selling the business, you need to make a list of all assets of the business. And then, decide what you want to sell and what you want to keep. Selling a business often includes assets such as trademarks, client lists as well as physical assets. The value of these assets will depend on the quality. A reputed M&A consulting firm can help you determine the value of every asset of your business.
Know the real worth of your business Determining the worth of your business is a complicated. That is why you should always get the help of a leading merger and acquisition firm to determine the real value of your business. You must understand that selling a business is a more complicated process than selling a house. Therefore, it is advisable that you should seek a professional help when you are selling your business in the US. In addition to guiding you through the selling process, a professional help can help you maintain emotional distance and objectivity you need in order to secure the best deal in selling your business.
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TEHRAN, Sept. 8 (Xinhua) -- Iranian Foreign Ministry on Friday urged diplomatic efforts to tackle the conditions of Rohingya Muslims.
The Iranian Permanent Mission to the UN has been ordered to pursue the issue of Rohingya Muslims in talks with the international bodies and his counterparts from Muslims nations, Foreign Ministry Spokesman Bahram Qasemi said, according to Tasnim news agency.
Besides, "Iran has tried to establish contacts with the Myanmar government via its accredited ambassador to Thailand in a bid to pave the ground for sending Iran's humanitarian aid to Rohingya Muslims by Red Crescent Society," Qasemi said.
"Unfortunately the government of Myanmar has not issued the necessary permission for the dispatch of humanitarian aid despite diplomatic contacts," Qasemi said.
Iranian embassy in Bangladesh has also made contacts with the Dhaka to prepare the ground for sending humanitarian aid to the Rohingya refugees, he said.
The spokesman referred to Iranian Foreign Minister Mohammad Javad Zarif diplomatic efforts and said Iran is determined to help the Rohingya Muslims.
The Rohingya, one of the world's largest stateless communities, are fleeing in droves toward Bangladesh, trying to escape the latest surge of violence in Rakhine state between a shadowy militant group and Myanmar's army.
The UN refugee agency said that more than 3,000 Rohingya Muslims had reached Bangladesh over the past days.
On Friday, Iranians staged rallies across the country to condemn the "massacre" of Rohingya Muslims.
In the capital Tehran, demonstrators condemned, in a resolution read at the end of the rally, the "silence by the international circles and heads of Islamic countries on the crimes committed against Rohingya Muslims."
They also called for the dispatch of fact-finding committee to the region.
Besides, Iranian foreign minister on Friday said that the international community and Islamic countries expect the government of Myanmar to put an immediate end to the ongoing violence against Rohingya Muslim community.
Iran expects Myanmar to allow unhindered access of humanitarian assistance to the violence-hit regions, Zarif said in his letter written to Secretary General of the United Nations Antonio Guterres.