Economic Point

Planning to Sell a Business

Planning to Sell a Business Planning to Sell a BusinessAnne Brown asked:
Many times, business owners make the decision to sell a business and too quickly dive into a listing arrangement without considering all of the consequences.  As a business owner looking to sell a business, here are a couple of issues to keep in mind if you want to sell your company quickly and at a good price.
Deal with a professional

As a business seller it is in your best interest to deal with a business broker, intermediary or specialist that focuses on the selling of businesses.  Oftentimes, owners list their companies for sale with an individual who normally focuses on residential real estate and are disappointed when their business doesn’t sell.  If you want to sell a business, it’s better to deal with a specialist.

Selling a business requires a unique skill set and the process is much different than Continue reading