Getting your business ready for sale is not easy if you don’t know what to look for.
Get you business valuation done.
A professional valuation will give you a basis for considering buyer offers and will give you an idea of what you can expect to net from the sale. It will also tell you your business’s market position, financial situation, strengths and weaknesses (which you can hopefully correct prior to putting it on the market).
How can i obtain an evaluation of my business?
Valuations can be obtained from a number of sources, ranging from local accounting firms (MBS Accounting Services) to regional business brokers and investment banking firms. As a rule, you should make sure the company performing your valuation has access to the most current national data regarding privately held transactions in your industry.