You’re Ready To Sell Your Business: Now What?
This article has solid tips; here are a few more.
A numbers savvy buyer is going to want several years of financials. Assemble chronological binders of monthly and annual cash flows and balance sheets for several years. If you cannot swiftly provide accurate financials of this nature, a sophisticated buyer will walk.
Do not be fearful of making capital improvements in the time period prior to soliciting buyers for fear of decreasing cash on hand in the business. Many people do not want fixer upper houses, so who would want a fixer upper business.