Practical guide
These points support an initial assessment. The decisive legal, tax, financial and operational questions depend on the business, the people involved and the chosen transaction structure.
Write a title that identifies the opportunity clearly
Use the title to describe what the buyer would acquire, not to make unsupported claims. A sector, business type and broad region usually provide more value than words such as unique, excellent or highly profitable. Avoid the legal company name if the sale is discreet. The title should also distinguish a whole company from a franchise, participation or individual asset. A reader who can recognise the transaction type immediately is more likely to open the right listing and less likely to submit an enquiry based on a misunderstanding.
- name the business type and broad location where useful
- state whether the offer is a company, stake, franchise or asset
- remove superlatives that cannot be supported with evidence
Explain how the business earns money and serves customers
Describe the products or services, customer groups, sales channels, recurring or project-based revenue and the owner's current role. Buyers need to understand the operating logic before financial figures have meaning. Explain important seasonality, concentration or location dependence in neutral terms, and say what makes the offer transferable. Do not publish customer names, personal data or details that make an anonymous company easy to identify. The goal is a credible commercial picture that creates relevant questions, not a complete sales memorandum in public view.
- describe customers, offer, channels and revenue model
- identify owner, location and concentration dependencies
- protect names and details that reveal confidential identities
Present financial figures on a consistent basis
State the period and basis for revenue, profit and asking-price information. If profit is adjusted for owner salary, exceptional expenses or private items, explain the principle rather than presenting an unexplained figure. Avoid mixing forecasts with completed years or using ranges that contradict the detailed description. Buyers will eventually reconcile the figures with accounts, so precision and consistency matter more than the highest possible number. If a figure is unavailable, mark it honestly and prepare the supporting information for a later controlled disclosure.
- label periods, currencies and actual versus forecast figures
- explain material normalisations and owner-related items
- check that every number agrees across the listing
Describe the asking price, sale reason and handover
A guide price is easier to assess when the listing states what is included and whether debt, cash, property, stock or working capital need separate treatment. The sale reason can be brief and factual, such as retirement or a change in professional focus. Buyers also want to know the intended timing, whether the seller can provide training and which relationships or knowledge require transfer. These details do not bind the final contract, but they reveal whether the seller has thought about continuity and whether the opportunity fits the buyer's timetable and role.
- state what the guide price is intended to cover
- give a concise and credible reason for the sale
- outline timing, training and transition support
Use staged disclosure to protect sensitive information
Divide information into a public listing, a confidential information package and a due-diligence data room. The public page should support screening; the next stage can reveal the identity and more detailed figures after the candidate is qualified and confidentiality is agreed; the data room then contains evidence for verification. Keep a record of recipients and updates. Swiss data-protection duties remain relevant when documents contain employee, customer or other personal data, so redact or aggregate information where the buyer does not yet need identifiable records.
- define the purpose and audience of each disclosure stage
- qualify recipients before releasing company-specific material
- redact personal data and log sensitive document access
Sources and further information
Frequently asked questions
Can a business listing remain anonymous and still be useful?
Yes. An anonymous listing can describe the sector, broad region, customer model, team, financial scale, asking-price logic and handover without publishing the legal name, exact address or customer identities. The description must be specific enough for a buyer to assess fit but not so distinctive that the company is immediately identifiable. More detailed information can follow after the candidate is qualified and an appropriate confidentiality arrangement is in place.
Which financial figures belong in a public listing?
Revenue, a meaningful earnings measure and a guide price can help buyers screen an opportunity, provided the period and basis are clear. The appropriate detail depends on confidentiality and data quality. A seller should not publish a figure that cannot later be reconciled with records. If ranges are used, they should remain internally consistent. Detailed accounts, customer profitability and sensitive adjustments are normally better suited to later stages with controlled access.
Should the listing disclose the reason for sale?
A concise reason usually improves trust and helps buyers understand timing. Retirement, succession, health, a new professional focus or strategic portfolio changes can be stated without sharing private details. The explanation should be truthful and consistent with the proposed handover. Avoid vague promotional language that raises more concern than it resolves. Buyers will revisit the subject during discussions, so a short factual answer is more valuable than an elaborate story.
What should be checked before publishing the listing?
Verify the transaction type, title, figures, period labels, sale perimeter, visibility setting, contact process and handover description. Read the page as an outside buyer and note every unsupported claim or unexplained number. Check that confidential names, addresses, customer identities and personal contact details are absent. Finally, confirm that the internal records needed to support the public statements are available, because serious enquiries will move quickly from description to evidence.