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Secondary line of preparations includes upkeep and renewal of relevant licenses of your business and trucks. Besides, decide to what extent you are prepared to negotiate and what assistance or sops you would like to offer the buyer.
Planning To Sell Trucking Company.
First off, involve your accountant at every critical step. This helps you check if the sale is drifting away from worth based paradigm to asset based one. Remember, the asset based paradigm doesn�t take into account the future earning potential which benefits the buyer; however, if your company is not making profit in previous years, you have not many choices.