While the concept of selling your business may seem simple, the process is quite complex. We've laid out an overview of similarities and glaring differences between the sales process for each. Here's an except from our white paper on the topic:
"Getting your company ready to sell is both like and unlike selling your house. When you sell your house, you make it look as nice as possible by performing touch-up painting, maybe replacing a worn carpet, or replacing windows that may have lost their seal. These are all “cosmetic” improvements.
When you sell your business, you should take care of as many “cosmetic” improvements as are necessary to have the business “show” as well as it can. Buyers are more interested in companies they can grow with minimal CAPEX or Capital Expenditures required post acquisition."
Read the full white paper.