The best sale is a premeditated sale and the first thing that you want to meditate on is: what do you want to accomplish with the sale of your business?
- Fund your retirement
- Fund the next generations retirement
- Relieve yourself of the responsibility of running the business
- Funding a new venture
Your answer to that question will framework the actions you take to prepare your business to be sold.
Other important factors are the economy, the fair market value of the business and the state of the business' industry.
The Exit Eagles mission is the asses the above criteria to craft a strategic plan for the sale of you business. This plan includes:
- Target market for the buyer
- Key money-making points that make the business a good investment
- Documentation to support the agreed upon sale price (including a transparent business valuation)
- Marketing materials and strategy