Selling a Business in Kenya
Selling a Business in Kenya
Selling a Business In Kenya – We understand that selling a Business is a huge decision and quite possibly the biggest financial transaction you will ever make. We help you get it right by working closely with you throughout the entire selling process offering guidance and support every step of the way.
We follow the following steps in our comprehensive service;
- Initial Business Appraisal – we will need to understand the reasons for the sale and gain an understanding of your preferred exit strategy. We also need to take an overview of the business in order to advise as to whether the time is right to sell.
- Valuation – Once we are both confident that the business is ready for sale, we will need to undertake a detailed valuation. This process will involve gaining an understanding of your market strength and position, your financial performance and your assets and liabilities.
- Marketing – As soon as we are formally instructed we will produce an Information Memorandum for your approval. Once this document is approved, the marketing of your business will begin.
- Negotiation – Prospective purchasers wishing to make an offer for your business will be referred to us and we will negotiate the price and other terms on your behalf.
- Completion – We will work with the other professionals involved in order to ensure that the transaction is completed effectively and in accordance with the timescale agreed.
