Tip #94: Is the Business Sellable Right Now?

tip94Is the Business Sellable Right Now?

It is wise when starting and growing a business to have the objective of selling it someday at maximum value. That means that the company should be built with good profit margins, large available markets and the ability to grow for a long period of time. The products or services should have an edge in the market. It also means the systems, policies and procedures should be easy to understand and would make sense to a buyer. And it needs to be appealing to a large number of buyers.

Of course, there are many other issues to keep in mind. Read “How Do You Make Your Business Sale-Ready From The Beginning?