Members of our Advisory team are frequently asked “How do I make my company more valuable?” by business owners. Ultimately, what they are after is to understand: “What is my company worth?” For a privately held company the answer is, of course, “That all depends what someone else is willing to pay for it.” Here’s an analogy: If today someone is asking $100 for …
The Questions You’ll Be Asked When Selling Your Business
One of the most intimidating aspects of selling your business can be facing the barrage of questions during the various management presentations you’ll be doing for potential acquirers. While each discussion will be unique, you’ll want to pay special attention to the formulation of well thought out answers to the following: 1. Why do you want to sell your business? This …
A founder’s guide to maximizing proceeds
How to increase your business’ value and prepare for sale at a premium How much did your home increase in value last year? Depending on where you live, it may have gone up by 15% or more. How much did your stock portfolio increase over the last 12 months? By way of a benchmark, the Dow Jones Industrial Average increased by around 25% over the last year. …