Is Value More Than the Sale Price
Business value is more than sale price. A successful exit should transfer wealth, confidence, continuity and legacy, while protecting the people, purpose and future potential of the business....
When can I sell my startup business?
A startup business has to be more than an idea when you come to sell it. For most cases, a rule of thumb is to work on building a track record of growth of at least 3 years. You also need to have enough in place to be confident to project future grow...
Do I own my business?
Just because you own 100% of the shares of a business does not mean you own 100% of the business. Difficult areas such as copyright, and other intellectual property can prove to be serious sticking points when you come to sell the business....
When is the best time to sell my business?
The best time to sell the business is when it has a clear future and growth path ahead and at least 3 years of steady or substantial growth behind it. At this point, if the valuation is at the right level for you personally to move on, it could be ti...
What should be included in a business sale?
A typical business sale will require the sale of everything related to the business. It is important that you establish that you own everything you wish to sell before starting the sales negotiation. Typical sticking points are in intellectual proper...
Where to start preparing a business for sale?
When preparing for a business sale the best place to start is the end. Imagine you are the buyer and what you would want to know before you spend your hard earned cash on this business. Make a list of all the things you don't want the buyer to find o...
