"Time is the biggest deal killer, so being prepared is the best way to put your business in a position to sell when the opportunity comes knocking. Selling a business is a time sensitive process. When a potential buyer is ready to pull the trigger, the business owner must be prepared to close the deal quickly or the buyer may lose interest or find another potential target. I believe it’s one of Newton’s laws of motion that says things in motion tend to stay in motion. Well, deal momentum works the same way.
Sellers with a proper exit strategy will increase the likelihood of getting their business sold and getting it sold at a favorable price. The goal of the Seller is to have a seamless and profitable sale in the shortest amount of time."
Read more at:
Preparing a Company to Sell | BizTaxBuzz by Trevor Crow:
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.
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