What you get. Enter one date and see a 9-step timeline of typical dates for this process, with the step you can act on highlighted. The stages: About 17 weeks before: Records and advisors in order · 13 weeks before: Marketing begins, or a direct buyer approached · 10 weeks before: Letter of intent signed · 8 weeks before: Data room opened and diligence under way · 5 weeks before: Landlord and other consent applications sent · 3 weeks before: Purchase agreement negotiated and signed · 1 week before: Consents confirmed and closing agenda finalized · 1 day before: Final adjustments and inventory count · Closing day: Documents released and funds paid.

Where this is used

In this centreHow do I decide whether, and when, to sell my business?In this centreWhat should I look for in a letter of intent as the seller?In this centreHow do I handle a buyer's due diligence requests as the seller?In this centreShould I sell the assets of my business or the shares?

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