If you want to sell to companies in Asia and I think the project sounds interesting, there are a number of key questions you should ask the buyer’ It will be easier to buy a company that meets your expectations’ Similarly, if you sell your business in Asia, you should prepare answers to these questions, this car will improve the chances of a successful sales business’
The first step before any “detail” information exchange should be the preparation of a non-disclosure agreement’ Your lawyer will help you prepare for such an agreement should ensure that both parties fulfill their obligations in terms of confidentiality’ We suggest that it was agreed early in the process of saving and what the seller’s business potential by selling the company to gather information fins’
Once the non-disclosure agreement is in place, we recommend the following questions be asked:
* Why is the sale of your business?
* How many years have you been in business?
* How many years have you been in business at the current location?
* Has the company created to buy or make some other person?
* What is the legal structure of your business?
* Do you have tax returns and financial statements Monday that accounting can see?
* What bank you deal with?
* What kind of insurance should cover your company?
* What are the licenses needed to acquire and / or performance of this company?
* How many hours you work per week in your business?
* How many employees do you have?
* Family members who work in your company?
* The residence of family members after the sale?
* Would you like to be paid in installments or in full?
* Will you stay and work for some time after the business sells?
* Do you have any long-term contracts or obligations to third parties for the company?
Your accountant and a lawyer can help with problems’ The questions are crucial if you’re looking at companies in Hong Kong for sale or selling a business in Indonesia or Saudi Arabia for this question’