Selling Your Business is a Process … Not an Event!
You’ve known one or more business owners who “cashed out” and enjoy a more than comfortable financial cushion … or at least you’ve heard about those successes. With few exceptions, the reason behind those economic triumphs is not just luck. Invariably, it was a series of conscious actions specifically designed to prepare the business to sell at peak sale value.
When It’s Likely You Will Decide to Sell Your Business – Be Prepared
You’ve built a significant asset through hard work, ingenuity and diligence. Don’t squander it … sell it for peak value! Your Guiding Principle … Appeal to Buyers Needs and Expectations. Here’s What They Want to See and Know!
So You May Want To Sell Your Business Someday
The value of your company is “in the eyes of the beholder”. That means what a qualified buyer is willing to pay, not what you would like to walk away with from the closing table. So let’s prepare a roadmap of “getting-ready-to-get-ready” to prepare your business for sale at peak value.
So you may want to sell your business someday. That’s something small business owners think about, but seldom plan for. The facts … 70% of closely held businesses ultimately just shut their doors when the owner(s) choose not to continue working or otherwise are unable to do so. You’ve built a valuable asset through hard work, ingenuity and diligence. Don’t squander it … sell it!
You’ve Worked Hard and Built Your Business
You’ve spent considerable time, perhaps decades, realizing your vision of the business you created. And now you’re at the enviable, yet frightening, crossroads of what to do next. Do you continue to grow your enterprise, pass it on to your offspring or prep it for sale?
How To Get What You Want When You Sell Your Business (Part 1) – 6 Mindset Issues
So you’re thinking about selling your business? Well, here are six considerations with which you will need to come to grips: Realistic Expectations, Business Value, You’re Too Busy To Sell Your Business, Potential Buyers, Curb Appeal, Get Your House in Order. This article will lay out the basics for each of these six critical elements.
How To Get What You Want When You Sell Your Business (Part 2) – Checklist for Success
A simple planning tool to better ensure your financial victory in the sale of your business … the six categories Checklist-for-Success. To enjoy the maximum value from the following, view each item and evaluate your answer in light of how it will be perceived by prospective buyers … positive, negative or neutral. Remedying negative, and even neutral, perceptions will improve the value and “salability” of your business.