![]() ![]() Nearly 2.5M business owners are Baby Boomers in the United States. And soon, Baby Boomers are going to a big percentage of all the businesses for sale. ![]() In fact, many of them continue to operate them till they feel they are ready to retire. Most business owners are extremely passionate about the business they have built. Here are reasons that you might want to sell your business. And in the end it is the obvious that trips us more often than not, because we choose to ignore it. Write it down “Why do I want to sell my business now?” Almost always, it spurs questions, concerns and new ideas. Every time we have asked this question, to thousands of business owners, the answer is never straight forward. And, although it seems to be an obvious point, we want to emphasize this point. There are many reasons why you may want to sell your business. If you do not want to read all the sections, we have listed the topics in a table of contents here as well.Īnalyze why you want to sell your business Selling a business is an involved process and there are no shortcuts to a great result. This is a long article because we wanted to give you everything you need to sell your business. But it can be done and although the results are far better by engaging an experienced broker or consultant, one that partners with you to sell your business, this article will give you all the tools you need if you were to go at it by yourself. Not once was it a seamless experience unfortunately. Some of us at GillAgency have owned businesses that we have sold on our own. But if you do decide to go about this on your own this article will help you. We will never recommend that you try to sell your business on your own because of the amount of work and experience required. It is written in a way that will help you, in case you decide to go about the process without a business broker. We have written this article from your perspective, that of a seller. We will revert back to you within 1 hour. If you have any question or comment on anything please feel free to reach out to us or comment here. ![]() As such we feel compelled to create this resource for small to medium sized businesses preparing their exit strategy. Exiting a business is most likely the single most important thing a company will do. The challenges and successes that we have seen, puts us at a vantage point to cover this very important topic. We have five decades of combined experience in buying, selling, operating and exiting businesses at GillAgency. But short cuts never end up with the best results for either side of the party. However, it is rarely less than 9 months. It can be more depending on the complexity of the deal. The average small to medium scale business sells in 9 months. If that is the case, you must read our article – How to sell my business fast. There are no short cuts to selling your business unless you are in dire needs. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |