Business Readiness

It is easy for a business broker or intermediary to say that the first thing you should think about when you open a business is selling the business. Although it is true, many of us have not run the businesses to sell them because we were busy – running the business.

As owners approach the time they are going to sell the business, it makes a lot of sense to look at the Indictors of Value in your business and see if they can be maximized in any way. It is sometimes said, “It is hard to start a business, but it is even harder to get out”. This planning might not take long, but it is a good thing to start as you consider selling your business.

Most business brokers want to speak to owners who want to sell their business in the next six months for obvious reasons – and we are no different in that regard. However, where we differ is that we understand the emotional aspects of this decision and that it might take some time to make the decision when to sell. In the meantime, it makes sense to plan the decision to sell.

If you are interested in speaking to us about our Business Readiness Review, please call to schedule a consultation.