TIP OF THE WEEK: Three Things To Focus On Before Selling A Business

Unclear about how to begin to sell your business? There are three things that are very important when preparing to sell your business.

1. Hire a professional

I can't stress this enough. Reducing the amount of time that it takes to buy or sell a business is important. Business transactions can drag on for months without the proper help you need to guide you through the process.?

Do you want yourself or your clients to achieve their valuation needs and objectives with analyses, calculations, and a report that stands up in court, to the IRS, to a buyer or any business value need??Or do you want to potentially lose $Millions??

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2. Pay off Debt

Buyers will appreciate a clean balance sheet free of excessive debt. Potential buyers need to keep the liabilities at the forefront of their minds when looking at a potential business. This comes in handy when deciding how much to offer.

3. Determine what your business is worth?

Hire a certified business valuation services company to appraise the actual value of your company.?This is a time-consuming process and often business owners have so much invested emotionally and monetarily they miss taking into account the economic factors.?

If you have decided that you are ready to sell your business, it is very important to enlist the services of a professional business valuation company to help you through the entire process.?Selling a business can be both stressful and difficult, thus it is important to have someone in your corner who has the necessary skills to fight for your best interests when necessary.

It is possible to have all this delivered in 4-6 days vs. 3-4 weeks from our certified valuation team. 100% Satisfaction Guaranteed!!

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ABOUT DALE S. RICHARDS:

Dale S. Richards specializes in management, marketing, operation optimization & business valuation consulting and is a 28+ year turnaround expert.?He has implemented success concepts into results in 150+ companies. Dale is a Certified Valuation Analyst (CVA) with NACVA, and International Speaker.?Watch Dale In Action