Estimate a company for the transfer of the business

The sale of a business is subject to strict rules in order to protect the buyer during the transaction. Several steps must therefore be followed in detail so that the transaction is not contested. 

The first step is to draw up an inventory of all tangible and intangible assets, known as an "inventory of the tangible and intangible elements of the business", so as to know precisely what will be transferred in the transaction. 

The second step concerns the obligation to inform. Indeed, the seller has the obligation to inform his employees of his will to sell. 

The third step is the drafting of the promise to sell. This step formalizes the agreement of the parties on the essential conditions of the transfer, such as the sale price. 

Finally, the fourth step is the drafting of the deed of transfer. 

Before concluding this act of transfer, the seller must therefore proceed with the valuation of his business. Valuing a business for the transfer of goodwill is therefore the first thing to do before embarking on a business transfer project. 

You wish to sell your business, do not hesitate to contact one of our experts: contact a XVAL consultant.