Sunday, November 24, 2013

How to sell your business: Planning the exit strategy

Many people set up a business with the ultimate goal of selling it for the maximum possible price and moving to pastures new. Here are some tips to achieving a successful sale.

You will have a timeline in mind for a sale, but timing is generally dictated by market conditions. The best indicators of when to sell are the financial climate, potential buyer profiles and market trends. Early planning will ensure that you have the right structures and processes in place to maximise success when conditions are right. Begin with your ultimate goals – the price you wish to achieve and when you want to sell – and then work backwards to how you are going to get there. Your aim is to create a valuable, viable business that is attractive to potential purchasers."

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How to sell your business: Planning the exit strategy:

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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