Run Your Business Well And Increase Your Transition Options | Business Exit and Succession

"There is an undeniable link between how well a business is run and the options available to its owners when they consider selling a business, business succession, or transition.  What do we mean but “how well a business is run?”  That term implies such things (among others) as:

- Staff other than ownership is providing functions critical to the success of the business

- There is a strong culture of accountability

- There are performance metrics that all buy into and use to drive accountability

- Marketing and sales is driven by quantifiable processes

- Financial information is accurate, timely and according to generally accepted standards

- Financial performance is in the upper tier of comparable businesses

It implies that these have been part of the business’ culture for a significant period of time."

Read more at:

Run Your Business Well And Increase Your Transition Options | Business Exit and SuccessionBusiness Exit and Succession:

For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at info@buysellflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.