For Sale: A Guide to Successfully Selling Your Retail Business

It is possible to make an uncertain future a little more certain. It just takes hard work and some good planning. Planning for your store's future can seem especially difficult. For many retailers, your store is a lifelong investment. What you do with the business when you're ready to move on raises many difficult questions. Should you sell the business? Should you pass it on to the kids? Or should you join the ranks of the semi–retired and hold on to the store for as long as you can?

This Retailer's Guide provides some initial considerations for retailers interested in selling their business.

In this guide, you'll learn about:

• First steps: know your goals
• Transferring ownership
• How early should you start planning?
• Questions to ask potential buyers
• Steps in succession planning