PREPARE YOUR BUSINESS TO SELL

Before Anything Else, Preparation is The Key to Success” – Alexander Graham Bell

So you have decided to sell your business after years of hard work building it, we understand what it has taken to get to this juncture, blood, sweat and tears. Owning your own business isn’t easy and you deserve to achieve the best price possible for your commitment to the business.

As Alexander Graham Bell said, preparation is key! Purchasing a business isn’t the emotional purchase of a house, it’s based on hard numbers. Clients expect to see the last 2 to 3 years profit & loss accounts, which will enable them to gauge a good overview of the business performance. The nature of conducting business here in Spain is somewhat different to what purchasers expect, however the P&L along with your tax returns will provide a clear picture of business performance.

To help you provide the necessary P&L we have provided a template for you to complete. All the formula’s have been added to the spreadsheet so all you have to do is complete the monthly totals and return it to us if your business is being marketed by us.

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