Preparation

Preparing for the eventual sale of your business covers several very important and practical business decisions, for example:

• Creating a business profile
• Planning for a successful retirement
• Assembling outside M&A team of advisors
• Clean up real estate
• Empower management and sales teams to run business
• Organize all procedures in writing

To learn more about the Preparation phase of selling a business— contact us— or read the book, EXIT STRATEGY: Maximizing The Value Of Your Business, by Faelon President, Thomas W. Lyons. In the book, Mr. Lyons explains in a concise and easy to understand structure how each of these key steps help to maximize the value of your business and minimize the tax ramifications of the sale.