r/SellMyBusiness

Wondering who is out there considering selling their firm and how they intend on going about it. Broker? Accounting groups? Reach out to other local firms perhaps? Thanks!

Hi everyone,

As someone who is looking to buy and sell an SME, I am trying to find the main issues of leaving your small to medium business to someone else, selling it to a singular buyer, or getting it acquired. Ideally, I would like responses/comments from those who have sold their business, participate in the transaction or process, or are from the next generation getting ready to sell. What is stopping you? Can't find a buyer? Also, for buyers, what is the biggest problem you see when trying to buy an SME? Not enough documentation? Poor team? Too traditional of business processes? Comments and/or responses from both ends of this process would be of great help!