You have decided that this is a good time to sell your business – now what?
Odds are good that unless you have bought or sold a company before, the “now what” in this decision is intimidating.
In fact, based on our work helping hundreds of clients exit their businesses, it is so intimidating that far too many business owners put off even taking the first step until external circumstances force them to.
That doesn’t create an optimal scenario if you want to maximize the ROI in your business.
The reality is now is a great time to sell a company. A recent article in Mergers and Acquisitions magazine stated:
“Worldwide M&A activity totaled $2.5 trillion of announced deals in the first half of 2018, an increase of 61 percent compared with the first half of 2017, making it the strongest first half in deal value since records began in 1980, according to Thomson Reuters.”
Here are some key steps for you to ponder as you consider the “now what” of selling your business soon:
I cannot stress this last bullet point heavily enough. Even if you don’t hire us to represent you, the knowledge you will gain from attending our exit planning conference will enable you to effectively market your business on your own.
The methods we teach have been proven over and over and over again with each deal we close. We advocate what we call the “Professional Process.” This is a 16-step program, which will greatly enhance the odds of selling your company – if you follow it.
If any of these topics are new to you, or if you just would like to add more to what you already know about how and when to sell a business for maximum value, attending one of our conferences could be the best first step in your exit journey.
Even if you have not decided that now is the time for you to sell and that you will likely exit in 5-10 years, attending one of our conferences will help you be ready at that time because the key to an optimal deal is building a buyer-ready business in advance. It’s never too early to start planning for your exit.
To find a conference near you, use the link below and contact us if you want to learn more:
By Carl Doerksen, Director of Corporate Development at Generational Equity.
© 2018 Generational Equity, LLC. All Rights Reserved.
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