The subject is too complex to be covered briefly, but this article will provide an overview of the issues a business owner needs to address when considering a sale. In particular, we will focus on how to assemble a strong team to guarantee a totally smooth process. (I’m kidding – there is no such thing as a totally smooth business sale. However, there are ways to improve the odds of a positive outcome.)
We will address the following topics, with particular emphasis on question No. 4, since working with the right people can go a long way toward successfully handling the rest:
- Why Sell?
- For How Much?
- Who Is the Buyer?
- Who Will Help You?
- What Should You Do With the Proceeds?
- What Do You Want to Do With the Rest of Your Life?