“I’m ready to sell my business now, so what is my first step?” is a question we often hear from private business owners. A better question might be, “I’m going to be ready to sell my business in 12 to 24 months, so what should I be doing to better position my business for maximum sale price?” There are some smarts steps you can take today to prepare your business for a sale that may reap significant rewards down the road.
The key to a successful positioning strategy is to plan ahead. Give yourself sufficient time, not only to implement the strategy, but to see it working. For more detailed information on steps you can take to position your business for sale, read my article.
Posted by Marc Borrelli.
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