What if selling your business could be
as rewarding as building it?
Unfortunately, most business owners encounter many challenges in the process including:
According to Forbes, only about 1 out of every 10 small businesses listed actually sells
On average, for the lucky ~10% of businesses that do sell, it takes about 8 months to complete the sale transaction
After accountants, attorneys and advisers are paid, hundreds of thousands of dollars can be taken from the transaction leaving your business undercapitalized and your wallet lighter
Loose Lips Sinking Ships
Once it is known that your business is for sale, your best employees are more likely to look for jobs at other firms, customers are more likely to diversify and reduce orders from your business and suppliers are more likely to demand stiffer terms all of which can pull cash and profits from your business right when it is being evaluated by buyers
We know it can be difficult to maintain the same level of focus, energy and motivation with a business especially when you are beginning to consider an exit. It is not uncommon for businesses to suffer due to lack of management enthusiasm once they are put up for sale
Difficulty Finding Trusted Hands
Competitor “buyers” may try to steal clients, employees or suppliers. Many potential buyers have a short term focus that may harm employees or damage the business. Few buyers strive to build a legacy you can be proud of
If you are a business owner in any of the following situations, we may be able to help you achieve your goals.
If you are willing to consider some owner financing and other creative arrangements in order to exit your business quickly, we may be able to help, click the “Sell Now” button to find out how.
If you are willing to continue working in your business for 2 to 4 years in exchange for a larger pay day when you exit, we may be able to help, click the “Sell Later” button to find out how.
If you want to improve your bottom line and your cash flow, we may be able to help, click the “Grow” button to find out how.