5 clever tips of selling your business at a good rate in Malaysia

Not always business bring us profit. Failure in some part of the business career is inevitable and in the competitive market of Malaysia, it is usual to see business fall in every now and then, either the

company owner goes bankrupt due to insufficient capital flow or business planning didn’t work, on

either way owners often end up in business selling decision. This particular article deals with 5 potential ways in which you can sell your business at a good deal in Malaysia.

Determine right time and reason

When selling a business in Malaysia, owners often seem to make mistake of prolonged indecisions of raising the company in the sell market. Off course, one may ask that selling a whole business isn’t that easy. Behind establishing a business an owner puts a lot of time, money and sweat. This emotional aspect is totally agreeable, but business field don’t have any place for such emotions. Trend changes on its own pace every now and then. This changes eventually imply an effect on business demand.

So, when a prospective buyer shows an interest to buy your company, next moment, you might lose

that opportunity as he might have changed his mind, when found a better option. Prolonged delay may also lead to asset value degradation. Therefore, determining right time and confirm reason is very important

Analyze carefully and figure out the right buyer

Know your buyer properly before finalizing any deal. Not all clients show optimistic intension of buying your company has motive. I have been seen earlier in Malaysia that many company owners faced severe scam when proceed for surrendering his/her business to the buyer. When an owner decides to sell the company, he or she often remains in a poor mental state, which a scammer party seeks for to achieve any unfair procedure.

Always check buyers’ background history, and keep a history r journal of every deals and transections you make regarding company handovers. Always correspond under legal array and consult or if possible, hire legal business lawyer or representative to deal with such matter. You can consult with S & F consulting firm regarding such deals and procedures. Experts here can assist you on demand whenever dealing with buyer.

Keep you company presentable

Keep your company neat and well organized when presenting it before potential buyers. No one want to invest a huge amount for a dump hole. Companies in Malaysia are at constant competition in the

market. They all compete on service and company premises outlook. This as a return thought to attract more clients, hence results more business. So naturally, potential client may give a second thought or even expected price may likely go down if the business presentation lacks minimum marked quality.

Not too pricy, not too cheap

Find the sweet spot of price tagging your company. The price must not be too irritational. If the

company price tag is too high, you are expected to get very less responds, which as a result, might delay the handover process of your company. Too cheap price will under rate your company as well, and you most probably face big loss in Malaysian market place. There are lots of companies who are up for sell every now and then in Malaysia. So, consulting and analyzing market demand is vital in this scenario.

Consult with a business law firm to handle the deal

Get in touch with a well-established business consultant or law firm in Malaysia, who are specializes in dealing with a business transfer, sell or buys. There are several private firms who deal with such aspects in Malaysia. Lawyers and specialists in such cases can assist in dealing with buyers, and even can announce and arrange potential clients when deal is on. Business firm such as S & F consulting firm has numbers of expert business specialists and corporate lawyers who can assist you in making best deals on your company in current market.

Read also: How to Make Your Startup Business More Successful - Top Impressions