The Counterintuitive Truth of Selling Your Company
Want to successfully sell your company? Get out of the way!
We can all agree: When you’re ready to sell your company, you want to be sure that it’s truly ready to sell. And what makes a company most likely to be acquired might surprise you.
Most business owners have dedicated their lives to ensure their business is profitable. They are involved in most every aspect of day-to-day operations, ensuring customer satisfaction and healthy profit margins.
However, as the owner of your company, when you are ready to lift off to the next phase of life, you must ask yourself this very important question: Are you running your business 24/7 or are there people within your company who can maintain company operations if you weren’t there?
The counterintuitive truth is that the more important the owner is to their company, the less valuable it is.