How Do I Prepare To Sell My Business?
1 min readPhoto caption: From drafting a timeline and planning for your eventual sale to understanding the state of the economy, there are several things to research when planning to sell a business. — Getty Images / nortonrsx. Article by Rieva Lesonsky.
In this edition of “Ask the Board,” Bob House and Luba Kagan of BizBuySell explain how to prepare a small business for sale.
There are several reasons small business owners decide to sell their companies — they want to move to another city or state, sales are down, they’re looking for a new challenge or it’s time to retire.
Whatever the reason, once you decide to sell, you can’t just hang up a “for sale” sign and wait for the offers to come rolling in. Selling for the right price takes time and preparation. […]