Thinking of Selling?
Making the decision to sell can be a daunting task in itself.
Here are important questions to ask yourself:
- Do you really want to sell?
Having strong motivation makes an important difference because you will be attentive to making important preparations that are required for a successful transaction.
- What is your business worth?
The truth is the market determines value. Usually, I will be able to show you statistics of businesses that sold that were similar to yours. If money is the only reason you want to sell, then you probably are ready to sell.
- Does your business present well on paper?
Be prepared for serious Buyers to review the financial details of your business for the last 3 years.
- What are your plans after you sell?
If you are motivated for the next stage in your life, the transition may come quicker.
- Have you talked with your advisors?
Advisors come in many forms... They may be a spouse, lawyer, CPA or trusted friend. The key is to discuss your intentions with the people who know you and your situation.
Talk to a professional business broker who specializes in the selling of businesses. Call John at 928-380-3026.