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Selling a portion of a business.

I am wanting to sell the office supply/print shop part of my business. I also have a office equipment sales, service, maint. part I am not selling. I need someone that can divide the two business so a perspective buyer can see real numbers on what they are buying.

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The BAF Group LLC
MD

The first think you need to do is to have your Accountant separate those Expenses and Income. It is a tough thing to do and you will probably need to take a note for any financing that is required. Banks right now will (in all probability) demand an Audit, if they are going to be asked to finance the purchase, and that may be more costly than it is worth.

We have had several businesses ask us to represent them in something similar. In each case, we have determined that what they were trying to sell was the money losing portion of the business, and they wanted to retain the profitable operations. If that is the case with your situation, you can probably forget it. It does not work. It is a waste of your time to try.

If that is not the case, good luck. It is still a tough thing to do.

Sep 20, 2009

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