How to sell your sole proprietor business

How do you sell a sole proprietor business? If you are a sole proprietor operating a business as a sole proprietorship and you want to sell the business, how do you do that? Selling your proprietor business is considered an asset sale where you sell your assets, goodwill, and the ability to generate income from the business. To sell this, you find a buyer and then make sure all the accounts are properly discontinued or transferred. Everything from the business name, to the bank account, GST account, municipal business license, and more. Magnaltus Instagram: https://www.instagram.com/magnaltus/ #business #businessmanagement #businessstartup