Tip 53: Selling a Business for Top Dollar starts with AWARENESS of the planning process!

Selling a Business for Top Dollar starts with AWARENESS of the planning process!

Business owners need to recognize that operating a business on a day-to-day basis is not the same thing as preparing it for sale. There are many steps necessary in the planning process and it all starts with the AWARENESS of that fact. It is in the best interests of a business owner to get professional advice early – business broker, mergers & acquisitions advisor, exit planning consultant or business coach – to understand what may need to be done for their business. And the business owner must then begin to take those steps in order make the business sellable at the maximum value.