You Decide if You Want a Successful Sale

As a business owner, you likely understand that selling a business isn’t a piece of cake. Yet, many of you neglect getting a plan in place ahead of time. Why you do this, we are still unsure. But if you do decide to take action ahead of time, here’s some advice from the Exit Planning Institute.

Discover:

• What’s your business worth now?

• Given your valuation, what options are available to you in the current market?

Prepare:

• Does your current business value match your personal and financial aspirations?

• Which aspects of your business could use a boost to increase its overall value?

Decide:

• Are you really ready to completely step away from your business?

• Do you have the energy and resources to take the business to the next level?

2025 is weeks away. Enter the year more prepared so you don’t have to leave your future up to chance.