Real Business - What not to do when selling your business

If you own a business, even if you’re not thinking of selling, or if the business is new, it’s wise to have an exit plan. But let’s assume you’ve taken a step further and are ready to sell within the next twelve months.

You’ve got five years of accounts neatly bound, your business premises smell of fresh paint, no member of staff is causing you grief, the computers are up to date and your order book is filled. What could possibly go wrong?

Unfortunately, anything and everything. But here are 9 not-so-obvious tips to help you towards your goal.

Don’t:  

• Attempt to sell privately. It’s unlikely you’ll have the relevant experience, contacts, time, patience and energy. Instead, engage a recommended business agent.

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Real Business - What not to do when selling your business:

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.