Business owners often procrastinate planning their exit. However, exiting your business is inevitable, whether you walk through the door or leave it feet first. So, why hesitate to plan the unavoidable (your exit) and get your desired selling price? There’s a big difference between exiting by chance and exiting by a plan. Why leave money […]
Business owners think about selling their businesses for different reasons. Perhaps you have lost your enthusiasm for entrepreneurship, have become bored with the old routine, or health problems persuade you to sell. Of course, retirement also justifies exiting the business. Whatever triggers your decision to sell your business, you should take preparatory measures before starting the sales process, […]
Selling your business is definitely a time for celebration, but what about your employees? How will you safeguard their rights and interests once the business changes hands? Do you have a plan? What can you do to ease their worries?
To catch great opportunities to sell your business, prepare it for sale and sail through the due diligence process with the help of exit planning advisors.
Before you embark on a selling mission, you should make sure to take care of a few things. Preparing for sale is generally a year or more process. This checklist for selling your business will help you stay on track.
For many businesses, the transition to new ownership is inevitable. However, most business owners fail to think about it until it’s too late. Even if the transition is 10 to 15 years down the line, it requires planning and preparation for smooth execution. Ownership transition types range from passing control to successors to selling your […]