Planning to sell your business in the next three or four years? Start working on it now - Cleveland Business News - Northeast Ohio and Cleveland - Crain's Cleveland Business

When getting ready to sell a house or a car, the first thing people do is clean it up and get rid of the clutter. It is not different when selling a business. The process just has to begin much sooner.

Buyers look at the past three or four years of financial performance, so that is when the cleanup process should begin. Sellers need to look at what the future buyer will be looking for and organize appropriately. It is important to consider the following before deciding to sell:

Are you taking out too much compensation, travel, entertainment or other related expenses?

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Planning to sell your business in the next three or four years? Start working on it now - Cleveland Business News - Northeast Ohio and Cleveland - Crain's Cleveland 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.