The decision about who to hire when you buy or sell a business is incredibly important. Your broker will be an advisor, negotiator, and mediator in one of the most important financial transactions of your life. For this reason, it’s crucial to choose carefully.
Selling a business is one of the most important financial events an entrepreneur will experience. It can lead to a payout that completely changes the trajectory of their life and that of their family. However, selling a business for top dollar can be difficult in today’s increasingly competitive market. Critical elements such as timing and negotiation skills can be crucial for getting the best value for a company you spent your life building. In this article, I’ll share some tips from my experience as an M&A advisor on how to sell your company at the highest price possible while minimizing stress during what is often an emotional time.
