5 Decisions to Consider
before Selling your Business
Running the company, you make decisions all day. When it's time
to hand over the reigns, know where you stand on these key points.
How will I transition my business? Give it to family? Sell to family? Sell to partners? Sell to management? Sell to a 3rd party?
Will I accept market
value for my business?
Value Drivers 1) Quality of Financial Information 2) Customer / Supplier Diversification 3) Quality of team 4) Performance Consistency 5) Competition 6) Industry Outlook 7) Growth Opportunity
Have I structured my taxes to minimize leakage?
Story: We just sold a business where our client was able to reduce the effective tax rate from 34% to 16%, saving nearly $1.5M.
How will I invest
-This will probably be the
largest check you ever receive.
-You will lose your cash flow machine.
-How can you make it work
for your long term goals?