Our Partners at Axial provide a great resource for our clients when they are considering a sell of their business. Here is a recent article covering key business issues to consider prior to selling selling your company. Careful planning will add value to your business when you are ready to sell and retire.
Selling Your Business
As the article explains in much more detail;
- Clean up your books and operations so Buyers will not equate issues in your business to possible risk and reduce their valuation and scare them away.
- Prep now to run the process, know what details you will be expected to produce after signing a offer.
- Build your deal team, don’t try to do it your elf, it will likely cost you more than it saves.
About The Hatteras Group
The Hatteras Group is a collaborative team of professional advisors who create options for their client’s to grow and sell companies in the middle market.
We lead business owners as they navigate the complex and often emotional process of selling a business. We represent owners to sell their businesses, lead proprietary acquisition searches, source equity and debt and provide business valuation services, generally working with companies whose annual revenues are $5MM to $100MM.
If you ever have questions about the process to sell your business, or if you would like to explore the M&A market and plan for an eventual sale then please contact us for a call or meeting. Simply contact Alan at 704.307.4166 or by email alan@hatterasgroup.com .