INCREASE THE VALUE OF YOUR BUSINESS
Selling a business is a major challenge. Beside the complexity of the process and the emotions involved in handing over the company to someone else, entrepreneurs need to make sure they maximise the value of the business they’ve put so much effort and time into building.
Making cosmetic changes to a company at the last minute before putting it on the market is a recipe for disappointment. Planning and preparation for a transition can take years and entrepreneurs need to take the time to do it right.
SIX REASONS TO SELL YOUR BUSINESS NOW
It seems like we’re at a fork in the road: there are some positive signs that the economy may be turning around slightly, but at the same time consumer and overall confidence in the economy is non existent.
It’s precisely because we’re at this inflection point that we see a lot of business owners considering the eject button. If you’ve been thinking of selling your business, here are six reasons to get out now:
IMPROVE YOUR BOTTOM LINE
A question that entrepreneurs often ask themselves is: How can I make more money? And often their instinctive answer is to say increase revenues.
However, increasing revenues makes sense only if it leads to higher profits.
So how can entrepreneurs improve the bottom line? By following these five key steps: