How to sell a firm with debts

How to sell a firm with debts

In order not to undergo the bankruptcy procedure and liquidation of the enterprise, it is possible to sell it with the debts to the new owner. In this case, all responsibility for the company and financial transactions will be transferred to a new leader and new officials. The exception is only the criminal responsibility of the former leaders and offenses they committed during their activities.

1
Choose the candidacy of the new founder. Perhaps someone was interested in your enterprise, his activities and wanted to buy it. Enjoy the reviews of partners and customers. If you confirm the good reputation of the enterprise, the sale will take place much faster. Describe the advantages of your business and the reason why you are going to sell it. Be maximally honest with a potential buyer. If you think that you do not cope with your responsibilities, report it.

2
Look for potential buyers by placing advertising. You can apply for the following resources - www.biztorg.ru., deloshop.ru., 1000biznesov.ru.. Visit the meetings of state youth funds, as well as conferences and congresses of investors. When you find a new owner, make sure its solvency. Be sure to check the financial consistency of the buyer and ask him to provide evidence of the availability of funds for the purchase of a business.

3
After that, prepare all financial, economic and statutory documents. You need to submit them to the Department of Tax Inspectorate at your place of residence. Report appointment of a new director. You will be asked to pay the state duty.

4
Register the sales contract. To do this, you need to provide an accounting balance, conclusion of an independent auditor, an inventory account of the company, a list of debts, their size and maturity. Push the agreed conditions in the contract, the cost of business, information about the parties. You can use the services of a notary, which will help competently draw up a contract. Remember that it is valid only from the date of registration.

5
Be sure to make an act-reception of the transfer of all documents of the company. Describe the name of each document, the number of pages in its composition, instances, etc. Your signature, a new accountant and a new owner should stand on the form.

6
A new leader should write a statement on amending the enterprise to the register. It can change the name of the enterprise, the legal address, etc. Contact a notary agency and verify the signatures of the new CEO.

7
Submit documents for state registration in the FTS. It should also make a new company head. He must provide an extract from the Incorporation about the new founder, a certificate of changes to the enterprise (address, contact details, bank details), as well as a certificate of registration of changes made. After that, the new owner must list your money.

8
Few people know, but you can give the company to the new owner. Of course, it is much more preferable to sell it, but if it fails you - try to give the company. It is better than suffering great losses, to marry in debt and incur liability. Try to convey to potential customers the advantages that they will receive as a result of the acquisition and investment (debt payment).

If you have a big business, you can find an organization that sells firms. Services of such companies are quite expensive, but you will be able to implement a firm and avoid problems related to bankruptcy procedure. In addition, you can create a new venture on the reversed money and avoid past errors.

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