Mergers & Acquisitions - Is it time to sell your business?
Although many private businesses last throughout generations, many more are sold by the entrepreneurs who created them. You’ve worked hard. You’ve done well. You’re proud of what you’ve accomplished. You love the independence that ownership has brought you. And yet, you’ve reached a point where selling your business is beginning to seem like a much better idea than continuing to lead it. For whatever reason, it’s time for a change… probably because of circumstances like those below.
Do any of these situations sound like yours?
- You have worked so hard and so long that you were simply burned out. You lack the energy and enthusiasm to keep leading your business into the future.
- Your business is growing so fast that it has gotten beyond your ability to manage at that level. You sense that a new team is required to take it to the next level.
- Your business is doing very well, but you would like to hand over the reins to a new generation. You need to structure the business so that your family maintains control.
- You sense that a downtrend is on the way and believe that now is the best time to get maximum value for your business.
- You feel that everything is great, but it’s simply time to move on and enjoy the fruits of all your hard work.
- You have been a one-man band and have no one in sight to replace your leadership.
- You are facing a difficult family situation which probably makes selling your business a necessity.
- You have minority investors who are ready to cash out, but your cash flow does not permit you to buy them out.
- You have received an incredible offer to buy your business even though you’re not ready to sell.
These are the kinds of situations that have motivated thousands of entrepreneurs to put their companies up for sale. Whether you have finally reached the decision to sell or are still simply considering it, you are certainly wondering what its worth. So, let’s take a look at how to determine the likely selling price of your business in today’s market.
Do any of these situations sound like yours?
- You have worked so hard and so long that you were simply burned out. You lack the energy and enthusiasm to keep leading your business into the future.
- Your business is growing so fast that it has gotten beyond your ability to manage at that level. You sense that a new team is required to take it to the next level.
- Your business is doing very well, but you would like to hand over the reins to a new generation. You need to structure the business so that your family maintains control.
- You sense that a downtrend is on the way and believe that now is the best time to get maximum value for your business.
- You feel that everything is great, but it’s simply time to move on and enjoy the fruits of all your hard work.
- You have been a one-man band and have no one in sight to replace your leadership.
- You are facing a difficult family situation which probably makes selling your business a necessity.
- You have minority investors who are ready to cash out, but your cash flow does not permit you to buy them out.
- You have received an incredible offer to buy your business even though you’re not ready to sell.
These are the kinds of situations that have motivated thousands of entrepreneurs to put their companies up for sale. Whether you have finally reached the decision to sell or are still simply considering it, you are certainly wondering what its worth. So, let’s take a look at how to determine the likely selling price of your business in today’s market.
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