4 Steps to Finding Your Sell-By Date | Inc.com

"The sound of the gun sends blood flowing as you leap forward out of the blocks. Within five seconds you’re at top speed and within a dozen your eye is searching for the next hand. You feel the baton become weightless in your grasp and your brain tells you the pain is over. You start a gentle jog and you smile, knowing you did your best and that now, the heavy lifting is on someone else’s shoulders.

That’s how most people think of starting and selling a business: as something like 4 x 100 meter relay race. You start from scratch, build something valuable, measuring time in months instead of years, and sprint into the waiting arms of Google (or Apple or Facebook or…), which obligingly acquires your business for millions. They hand over the check and you ride off into the sunset. After all, that’s how it worked for the guys who started YouTube and Instagram -- right?

Unfortunately, the process of selling your business looks more like a bloody, muscle-aching 100-mile ultra-marathon than a 100-metre sprint. It takes years to make a clean break from your company -- which means it pays to start planning sooner rather than later.

Here’s how to backdate your exit:"

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4 Steps to Finding Your Sell-By Date | Inc.com:

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.