Posts Tagged "exit strategy"

3 Ways To Prepare To Sell A Business In 1-5 Years

»Posted by on Jul 20, 2011 in Business Valuation, Exit Strategy, How To Sell A Business, Selling A Business | 0 comments

What can you do now to prepare your business for sale next year or years down the road? Here are three things I recommend you do now so you’ll be prepared to sell later. 1. Determine what your business is currently worth.   Determine what your business is worth now. Industry associations or business intermediaries are good sources for the most common valuation methods.   You can hire a valuation firm or a CPA experienced in your industry and type of business. Gain an understanding of how companies in your industry and business category are valued by the marketplace. 2. Conduct a buyer’s...

read more