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Citizens-Business-Brokers - M&A

Retirement. Burnout. Health. An Offer.
wHAT IS your EXIT STRAGEGY?

About

Have you decided that now is the right time to pursue an exit from your business?

 

Some Things to Consider

  • Know what your business is worth. Don’t even think about selling until you know what your business should sell for. 

  • Prepare now. There is an often-quoted statement in the business world: “The time to prepare your business to sell is the day you buy it or start it.” 

  • Sell when business is good. The old quote: “The time to sell your business is when it is doing well” should also be adhered to. 

  • Know the tax implications. Ask your accountant about the tax impact of selling your business. Do this on an annual basis just in case.

  • Manage the business. Utilizing a professional business intermediary will allow you to spend most of your time running your business.

  • “Keep it simple.” Don’t let what looks like a complicated deal go by the boards. Have your outside professionals ready at hand to see if it is really as complicated as it may look.

Valuations, Marketing, Due Diligence, Business Sales, Business Finance

How much is your business worth?

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