How to get the most value when selling your business.
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.