The ONE WEIRD TRICK every Entrepreneur must use to sell their company!
I was inspired by a recent post of this type to tell you, business owner, that over simplified information of this type can often be misleading.
Because, actually, there are like 175 things you need to do. And I may be underestimating. A lot
You see a full 45% of sellers decide to sell when they were not planning on it, according the National Center for the Middlemarket. No bullet point article is going to help you if one buyer comes a-calling because, I can almost guarantee that you’re not ready.
So here’s your one weird trick: selling a business should only come after carefully preparing the business for sale. And proper preparation takes 3-5X the time you spend executing the deal. You didn’t build a successful business overnight - you can’t prepare to exit overnight either.
The good news is that there is a formulaic approach, and tools, and process to be used. But remember that there is no pre-packaged formula for you and your situation; you and your business.
This is why you need to find a great advisor that will care about you, your business, and help you maximize your outcome. Start early and you’ll be glad you did.