Planning to Sell Your Business? Read These Tips | Wall St. Cheat Sheet

Overview

For many business owners, their wealth is tied up in the businesses they own, which can become a liquidity problem when it comes time to sell and/or retire. As an investment banker, I have observed too many owners who aren’t prepared for the day when they’ll need to cash out. Some haven’t done their homework regarding the current market value of their business, while others haven’t properly prepared their business to switch hands.

Selling a business isn’t simple, but most business owners have more liquidity and monetization options than they realize. Not properly timing and preparing your business for sale could mean serious financial consequences for both the entrepreneur and the company. So, it is helpful to understand the pros and cons of timing the sale of your business and how to prepare a company for sale."

Read more at:

Planning to Sell Your Business? Read These Tips | Wall St. Cheat Sheet:

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.