02 Oct Around the Web: A Week in Summary
The following information has been sourced by Business Brokerage Press for the benefit of the business brokerage community. The views of these articles do not necessarily represent the views of Business Brokerage Press. We hope you find this information helpful.
A recent article from All Business entitled “Should You Sell Your Business? Ask Yourself These 5 Questions First” discusses the 5 key questions you should ask yourself when thinking about selling your business.
Whether you’re entertaining a new business idea or planning to retire, selling your current business can open up a world of opportunities for you. As you consider this idea, it’s important to think about several factors, including:
- Your financial goals and future plans
- Your ideal buyer
- The impact on your team and your company vision
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A recent article from KPMG entitled “Driving a successful exit” discusses the five ways to prepare yourself when deciding to make an exit plan.
Selling a business involves a lot of moving parts, to say the least. To ensure a successful sale with maximized value for shareholders, sellers should focus on the factors that are within their control. Some of these factors include the current employees, talent management process, and clear identification of growth opportunities.
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A recent article from FT Adviser entitled “Half of business owners have no exit strategy” discusses the statistics on how many business owners have considered an exit strategy. Adequate planning can make an immeasurable difference when it comes to selling a business, regardless of how far in the future it may be.
