As a Business Intermediary, these questions and answers within this article hit home for any perspective business owner thinking about selling in the short or long term timeframe. Here are some key points that I have used continuously throughout my career with my clients. I find that LISTENING, UNDERSTANDING AND EDCUCATION my clients goes a long way in my relationships and a successful selling process.
- The price a Buyer offers you that you are willing to accept
- Do not allow your business to be too dependent upon you
- Stay focused and operate your business as if it will never sell
- Have job descriptions, policy and procedure manuals
Never sell the business to a person or business you feel will not treat your employees, customers, and vendors properly
Please read full article: Questions Business Owners Ask Me And the Answers I Give Them