Selling Financial Planning Business

Summary

Selling a financial planning business in Arizona involves several steps: valuation of the business, preparing a sales agreement, ensuring compliance with Arizonas business laws, and transferring client contracts and assets. Consulting with a business attorney is recommended for a smooth transaction.

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I am looking at selling my business
Hello **** ****, selling a business involves several legal considerations. Could you please specify the type of business you're planning to sell? This will help me provide more accurate information.
I own a financial planning business with about ten million dollars in assets under management
Hello **** ****, selling a financial planning business in Arizona involves several steps:
- Valuation of the business
- Preparing a sales agreement
- Ensuring compliance with Arizona's business laws
- Transferring client contracts and assets
It's recommended to consult with a business attorney for a smooth transaction.