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Warner in Brief: Quick Insights
Videos & Podcasts | September 29, 2026
less than a minute

How Can I Prepare My Closely Held Business for a Successful Sale?

Andrew Reside explains how closely held business owners can prepare for a sale by organizing key documents, understanding the transaction process and considering alternatives such as a management buyout or an employee stock ownership plan (ESOP).

The discussion covers important preparation steps involving governance records, leases, contracts and financial statements, as well as what owners can expect during bidding, the letter-of-intent stage and buyer due diligence.