--- title: 3 first steps when selling a business [infographic] description: Find out the first three steps when selling a business in this JPAbusiness infographic. image: https://blog.jpabusiness.com.au/hubfs/3.%20Infographics%20and%20cheat%20sheets/3%20first%20steps%20when%20selling%20a%20business.png --- 30 April 2019 # 3 first steps when selling a business [infographic] WRITTEN BYJames Price | JPAbusiness ![Hiker on a mountain looking down at clouds](https://blog.jpabusiness.com.au/hs-fs/hubfs/adventure-alps-climb-314703.jpg?width=1000&name=adventure-alps-climb-314703.jpg) Selling a business should not be like exploring an uncharted continent. When embarking on a business sale you’re not just taking yourself, but you must also bring along your business partners, staff and advisors for the journey. It’s a massive undertaking and not one to be entered into lightly. **Don’t go exploring on a business sale unless you at least know where you want to end up.** This week's infographic is for those just setting out on the business sale journey, and **step 1** is about being honest with yourself regarding **why you're on this journey **to help you determine **where you need to go.**  [![3 first steps when selling a business](https://blog.jpabusiness.com.au/hs-fs/hubfs/3.%20Infographics%20and%20cheat%20sheets/3%20first%20steps%20when%20selling%20a%20business.png?width=600&name=3%20first%20steps%20when%20selling%20a%20business.png)](https://blog.jpabusiness.com.au/hubfs/3.%20Infographics%20and%20cheat%20sheets/3%20first%20steps%20when%20selling%20a%20business%2001.pdf)  We have created a number of free resources to help business sellers: - eBook – [Selling a Business: What works, what doesn’t and how to avoid the common pitfalls](https://landing.jpabusiness.com.au/selling-your-business-ebook) - eBook – [How NOT to sell a business](https://landing.jpabusiness.com.au/how-not-to-sell-a-business-ebook) - template – [Business Transfer Checklist](https://landing.jpabusiness.com.au/business-transfer-checklist) - template – [Selling a Business Checklist](https://landing.jpabusiness.com.au/selling-a-business-checklist) - template – [Information Memorandum Checklist for Sellers](https://landing.jpabusiness.com.au/df-business-profile-info-memo-checklist). If you would like assistance or advice regarding selling your business, [contact the team](https://landing.jpabusiness.com.au/contactus) at JPAbusiness on **02 6360 0360 (Orange) **or **02 9893 1803 (Parramatta)** for a confidential, initial discussion.   [![New Call-to-action](https://hubspot-no-cache-ap1-prod.s3.amazonaws.com/cta/default/2108706/4a7ffa58-3313-44e3-a523-4026793ab948.png)](https://hubspot-cta-redirect-ap1-prod.s3.amazonaws.com/cta/redirect/2108706/4a7ffa58-3313-44e3-a523-4026793ab948)   ![James Price 2018 small](https://blog.jpabusiness.com.au/hs-fs/hubfs/1.%20Images/2.%20Logos,%20staff%20photos,%20email%20signatures%20and%20blog%20bios/Photos%20of%20James%20and%20office/James%20Price%202018%20small.jpg?width=100&name=James%20Price%202018%20small.jpg)James Price has over 30 years' experience in providing strategic, commercial and financial advice to Australian and international business clients. James' blogs provide business advice for aspiring and current small to mid-sized business owners, operators and managers.   Share this Article Share this blog post on Twitter [mailto:?subject=Share%20this%20blog%20post&body=https://blog.jpabusiness.com.au/blog/3-first-steps-when-selling-a-business-infographic](mailto:?subject=Share%20this%20blog%20post&body=https://blog.jpabusiness.com.au/blog/3-first-steps-when-selling-a-business-infographic) Copied to clipboard Topics - [selling your business ](https://blog.jpabusiness.com.au/blog/topic/selling-your-business) - [infographic ](https://blog.jpabusiness.com.au/blog/topic/infographic) - [selling a business ](https://blog.jpabusiness.com.au/blog/topic/selling-a-business) - [business selling ](https://blog.jpabusiness.com.au/blog/topic/business-selling) #### Related Blog Posts ### [3 first steps for business sellers [infographic]](https://blog.jpabusiness.com.au/blog/3-first-steps-for-business-sellers-infographic) Selling a business is not a simple undertaking and we have created a number of free resources to help out: [Read more ](https://blog.jpabusiness.com.au/blog/3-first-steps-for-business-sellers-infographic) ### [How to make your business attractive to lenders [cheat sheet]](https://blog.jpabusiness.com.au/blog/how-to-make-your-business-attractive-to-lenders-cheat-sheet) A bank, financier or equity investor focuses on three S’s when considering their ... [Read more ](https://blog.jpabusiness.com.au/blog/how-to-make-your-business-attractive-to-lenders-cheat-sheet) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "James Price | JPAbusiness", "url" : "https://blog.jpabusiness.com.au/blog/author/james-price-jpabusiness" }, "dateModified" : "2022-01-02T03:22:48.362Z", "datePublished" : "2019-04-30T16:00:00.000Z", "headline" : "3 first steps when selling a business [infographic]", "image" : [ "https://blog.jpabusiness.com.au/hubfs/3.%20Infographics%20and%20cheat%20sheets/3%20first%20steps%20when%20selling%20a%20business.png" ], "mainEntityOfPage" : { "@id" : "https://blog.jpabusiness.com.au/blog/3-first-steps-when-selling-a-business-infographic", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://blog.jpabusiness.com.au/hubfs/JPAbusiness-logo.svg" }, "name" : "JPAbusiness Pty Ltd" } } ```