How To Sell Your Business

In the past week a handfull of entrepreneurs have told me their goal for 2017 is to sell their company so they can move on to their next idea.

Because acquisitions are a big risk for both parties, how do you sell your business asap?

Find the holes in your company before your potential buyer does.

1. What are the aspects of the business that still depend on your personal decisions?
2. Why are your employees not able to run their own departments without your creative direction?
3. Who on your team has shown entrepreneurial initiative to develop a certain aspect of the business independently?
4. When was the last time you took a month off without customer acquisition and delivery falling apart?
5. How does each team in your company run their own P/L so you have real time information about your business' health?

If you want to sell your company this year, ping to chat about your opportunities.