Succession and Exit
Exit Planning : Get the best price for your brokerage
When selling a business for maximum value and price, size does matter. However business size is only one of nine key aspects that heavily influence the value of your business. A clear and distinct business model, revenue type, sales and marketing that is run independently, systems and procedures, positively engaged employees, risk management and owner dependence or lack thereof are all crucial factors that could make or break the value of your business. Lastly one of the most crucial factors to selling your company is starting early. Unfortunately many business owners leave succession planning to the last minute and the value they can build and extract often reflects this.