30 Sep When should I sell my business?
We are often approached by business owners who would like to know more about exit plans.
Selling your business is a process that should ideally last a number of years.
After i) the initial valuation, the process continues with ii) preparation and iii) execution.
The valuation should be higher on phase iii) than phase i) thanks to preparation.
How do you know when it is the right time to start any of the above?
Selling should be executed when the business is strong and this means that if you have not yet achieved most of your business potential you will not achieve the best possible valuation.
If you want to know more about timing of selling your business, do not hesitate to call us and we will be happy to advise on the best possible roadmap to follow.