Preparation

Preparation

Preparation Preparation 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.

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