When business owners are ready to leave their business and learn the business value is going to be much less than they expected they may have to put their plans on hold or cancel them. If they are forced to leave the business due to health or family situations, they may need to discount the business price significantly, or consider liquidating the business assets. These situations are not good for the business owner and leaves the business owner very few options.
Selling a business is difficult. Due diligence is often the hardest part of the business sale. Business owners rarely understand why “surviving due diligence” is often the best they can do if they are not thoroughly prepared.
When business owners are ready to leave their business and learn the business value is going to be much less than they expected they may have to put their plans on hold or cancel them. If they are forced to leave the business due to health or family situations, they may need to discount the business price significantly, or consider liquidating the business assets. These situations are not good for the business owner and leaves the business owner very few options.
When business owners are ready to leave their business and learn the business value is going to be much less than they expected they may have to put their plans on hold or cancel them. If they are forced to leave the business due to health or family situations, they may need to discount the business price significantly, or consider liquidating the business assets. These situations are not good for the business owner and leaves the business owner very few options.
When business owners are ready to leave their business and learn the business value is going to be much less than they expected they may have to put their plans on hold or cancel them. If they are forced to leave the business due to health or family situations, they may need to discount the business price significantly, or consider liquidating the business assets. These situations are not good for the business owner and leaves the business owner very few options.
This 50+ year old retail solutions provider used the EYW Advisors to return the company to profitability, completed a project that doubled revenues, and redesign the business to provide industry leading flexibility and pricing. This resulted in selling the business to a strategic buyer.
Selling a business is a huge decision which must not be taken lightly. If you are deciding to sell based on financial pressures, retirement or any of a number of other reasons, do yourself a favor and discuss your concerns with a financial business valuation services company.
Most business owners don’t realize that over 75% of businesses put up for sale never get sold. The number of transactions is near record levels as baby boomers are selling their businesses. Buyers have many choices. If owners prepare for selling a business it will help them fight the daunting odds. If sellers don’t take steps to stand out from the crowd and prepare for the business sale, they will likely not sell or be heavily discounted.
