"Selling your business? There are many things you can do to optimize value and sell for the best price possible.
Timing is important. If possible, avoid selling into a depressed market or after a period of lack luster earnings. Ideally, you will have experienced at least two years of positive upward trending earnings immediately before selling.
If your business is likely to be bought by an absentee owner (e.g., financial investor), make sure you have employees who can run the business effectively without you. This may mean training a good second-in-command and getting rid of poor performers. You should also ensure that reasonable confidentiality and non-competition agreements are in place with key employees so that prospective purchasers aren’t concerned about losing critical staff to competitors. "
Read more at:
Selling Your Business For The Best Price | AsianPacificPost.com | Chinese newspaper, Filipino newspaper, Philippines newspaper.:
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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