Are you more used to running a business than selling one? Here are eight tips to help you manage the process.
Selling a business is not necessarily something people used to running a business know much about. So here at Professional Adviser, we have collated a few tips from people in the know. 1) Get shareholders on the same page Make sure the shareholders are aligned in their goals around selling the company. Different ideas will lead to long and protracted talks that ultimately fail because no agreement can be found. 2) Focus on profit The days of valuing a business on recurring income are disappearing. Acquirers are looking for profits. CEO of Fairstone Group Lee Hartley said that he ...
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