Click here for a link to the full article by Gene Marks published on March 20, 2023 in Entreprenuer

Advanced planning can maximize the value and help ensure a successful sales transaction. Take the following steps to prepare for the sale of your business.

1. Review your buy sell agreement, if you have equity partners.
2. Obtain a valuation for your business.
3. Organize your documents – financials, contracts, etc.
4. Evaluate your technology.
5. Spruce up your physical location or assets.
6. Assemble an advisory team – CPA, attorney, business broker

There are many aspects to the sale of a business that can be managed in advance. Business owners can maximize market value, gather data and the team necessary for the smooth sale and transition of a business.

Contact me to discuss preparing for the sale of your business.

Niv Buzzetta, CBI, CM&AP
[email protected]
908.247.7747