We examine two things today that are important to know when you sell your business – one key that attract buyers to your company and timeframe expectations regarding the whole sale process.
“As Vince Lombardi, legendary coach of the Green Bay Packers once said when asked the secret to his team’s success,’Some try to find things in this game that don’t exist, but football is only two things – blocking and tackling.’
The same is true in business. The more you focus on daily incremental improvements in your operation, the better you will be positioned in 6-12 months when you meet with buyers. In our experience, one of the more important areas you can focus on that reaps huge rewards in terms of your valuation is your company’s cash flow.”
How long should it take to sell your business? Carl Doerksen examines data from a recent Pepperdine study that answers this question.
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