Selling a Business

Insights from Axial’s 2025 Dead Deal Report. Letters of Intent (LOIs) are supposed to move deals forward. Too often, they become the point where momentum quietly dies. According to Axial’s 2025 Dead Deal Report, a significant percentage of executed LOIs never make it to closing, even after both parties believe they are aligned. That data confirms what experienced brokers already know: getting an LOI signed is not the same thing as getting a deal done. At Exit Game Plan, we se

Business brokers play a critical role in facilitating M&A transactions. Their expertise lies in connecting buyers and sellers, managing negotiations, and ensuring that the deal progresses smoothly from start to finish. They bring industry knowledge, market insights, and negotiation skills that are essential in closing deals that satisfy both parties.

Selling a business is a significant milestone that requires careful planning, strategic thinking, and a clear understanding of the entire process. Whether you are a first-time seller or have experience, knowing the business selling steps can help you navigate this complex journey with confidence. This article breaks down the essential stages involved in selling a business, providing practical advice and actionable recommendations to ensure a smooth transition.