Exiting your Business

Don’t wait until you are ready to sell your business, if you want to sell it to the right person for the best price, you will need time and expert advice to get there. The changes necessary to ready your business for sale are also the changes that make staying in the business more worthwhile so it’s a win-win!

To prepare your business for sale you need to:

• Reduce the risk of your business
• Improve the maintainable earnings of your business
• Take advantage of opportunities available to improve the business
• Ensure the structures are set up to get the best result from the sale
• Create demand for the business to drum up competition when it goes on the market

As you know from owning your business, these variables take careful planning and time.