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#12347
Michelle Holden
Participant

The first call should be to your accountant and then your lawyer because both will advise. First they will advise whether the company is ready to be sold. They can determine whether to do an asset sale or a share sale based on the structure of the company and the structure of the business. They may have the expertise in house to value the company, or may have a firm they work with, that will market the business to prospective clients. The business will be worth more if it can operate without the owner profitably. Is the business ready to be sold, or does the owner just want to sell will effect valuation.