If you are looking to sell your business, there are a number of things to consider.
The potential acquirers of your business will depend on your geography, sector, and size. If your business is small, the buyer will very often be an individual or family. If the business is larger, the buyer is more likely to be another business, a high networth individual or family, or a private equity fund (a fund that specialises in buying and re-selling businesses at a later date).
Some acquirers prefer to acquire 100% of your business. Some prefer you to retain an ownership stake to help with alignment. Some may also ask you to stay with the business for a certain time to help with transition.
It can be highly beneficial to appoint an advisor to help you. A good advisor knows how to reach out to appropriate buyers, how to prepare the right materials and tailor them to different audiences, how to value your business, and how to negotiate terms.
You only get one chance to sell your business. Do your research and don't rush into making a decision before you are ready.
Fundcomb is here to help you navigate this complexity.