Process to Sell a Business w/ FIH.com

  • 11th May 2021
Share :

Process to Sell a Business w/ FIH.com


Interested to sell your business? Start off by trying out our instant appraisal tool which allows you to see what your business may be worth. If you like the number it produces, apply to list your business with us and get the chance to be included on our exclusive site.

1. Apply to List
The first step is to apply to list your business with our 'sell your business' tool. After implementing your business's basic details, you just need to pay our listing fee to be up for review. If you are rejected, this fee will be refunded. 

2. Coordinate Listing Details 
After we receive your application and it is approved, you will be asked a series of questions by our team (via the website & also phone/email) as we start to put together your listing. After that, you will also be required to provide proof of financial, operational, and website related details before we will be able to publish your website.

3. Business Promotion
After we publish your listing, it will be promoted on our site in front of thousands of investors. At this time, expect to answer questions, review offers, and potentially have calls to build trust with potential buyers.

4. Negotiations & Closing
When a buyer is ready to formally purchase the business, they will do so by wiring the funds to our escrow account. At this point, the hard part is over and we will mark the business as sold.

5. Migrations
Once a business sells, we will work closely with you and the buyer to transfer all assets, accounts, & any other details of the business so that the buyer will be able to run the business just as you did.

6. Payment 
After everything is transferred and confirmed by the buyer, we will release funds to you. Note that this may several weeks to happen (sometimes more) so your patience during this process is much appreciated.