"Business owner and mentor, Ian Perry, has explained how individuals can get the most out of a business sale, in a new article for Find the Edge.
He uses the post to explain the key challenges when selling, and how to overcome these.
Perry said: "Selling a business is like selling your house, you need to get it in the best possible shape to achieve the highest sale price and eliminate issues that will allow the buyer to negotiate the price downwards."
"Ultimately, it’s only worth what someone else is prepared to pay for it in the current climate. The first thing to do is be clear how the deal will be structured and that will start with any tax implications."
He recommends seeking the help of a tax advisor well in advance, as this may help to reduce the overall tax bill substantially."
Read more at:
Preparation Key When Looking to Sell a Business, Find the Edge Expert Says in New Article:
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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