Within the engineering industry, selling a business is one of the most challenging and financially important decisions of a company. An engineering business often carries with it, a great deal of expenses, contracts and assets that must all be considered in the negotiation process. But the most important thing to consider of all, is that selling an engineering business is a social process.

There is a great deal of relation and social negotiation that is required when selling an engineering business. While going through this process it is inevitable that you will get to know the buyer and they will get to know you. So putting your businesses best foot forward first, as well as being deeply honest is going to proceed the negotiations much further.

Remember that all elements of the business must be contractually accounted for. While the selling process is social, the process of making the sale is logical. So leave no elements unaccounted for.