The short answer is: Sell when your company is saleable and attractive to your ideal buyer.
This article is for owners who have a business with sales of more than $5M and an earnings margin of more than 5%.
Let’s evaluate whether this is your right time to sell by looking at when you should not sell.
There is precious little useful advice about what it means to exit a business.
If you want to be able to sell your company in the next five years, you may need to elevate your brand and become the go to company for something specific as we teach in our book “Fast-Track Secrets for Making Your Business Saleable.”
Just heard the latest statistics from Capital IQ on how many acquisitions were done last year. Less than 100,000.
If you own the family business and your children work for you OR you work in the family business and your parents are still involved, you need to read this tale to get the benefit of this son’s trials and tribulations.
Barbara Taylor is both a business broker (Synergy NWA) and a blogger. Her NY Times blog, Transaction helps North America’s business owners understand the arcane world of selling a company.
If you own a company today, you own a lottery ticket. It has far more rewarding odds than buying the 6/49 or Lotto. Why? Because the business owner has total control on when and how that business can be converted into a winning ticket.
You will be gone through step-by-step evaluation process that will discover both strong and weak sides of your business. In such a way you will have a second opinion, fresh look at the current situation and as a consequence you will be able to take necessary actions if you think those are good points to apply.
Every business owner should know if their biggest asset is saleable. Learn inside tips to improve your odds and test yourself.
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