5 Things a Buyer Must Know Before Buying a Managed Business.
Peter Nola
I Sell Businesses. I Show Business Owners a Stress-Free Way to Get the Best Price When Exiting Their Business.
I hear it a lot: "I'm looking for a?Managed Business?that I can buy that has a bottom line of...(usually far too high) ?and my budget is… (usually far too low)".
One of the most sought-after business types that I sell is a “Fully Managed” business.? Essentially, buyers are asking for a business that is managed by staff, runs well and that doesn’t require them to work full-time in it.?
Others want to go further and want the business to return a regular dividend without any input from them.?
For business owners, getting their business to this level will mean that they have a highly sought after and very valuable business.
I see advertisements of business for sale saying that the business is semi-managed, or can easily become fully managed.
That all sounds great, but like everything, there is more to it.?
Here are 5 aspects of business and the conditions that need to be met for a business to be truly considered managed
To watch the video, click on this link: https://youtu.be/kMk6aIbrM5c
Or click on the picture below.
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