In my experience working with business owners, the journey to selling a business is often as unique as the business itself. However, three common insights consistently emerge from those who’ve navigated this path.
Understand the true value of your business before hand.
There’s more to it than a simple website that you plug in numbers. Ask me more if unsure.
The emotional journey.
It’s not just about letting go. It’s also about those you leave behind. It’s about making sure you understand what the journey is like before hand so you don’t have regrets afterward.
The significance of the right advice and support
This cannot be overstated. Whether it’s legal, financial, strategic, personal, or more, ensure you’re well prepared with the right team. The buyer will be.
Remember, it’s not just about selling; it’s about your future and those you care for.
What steps are you taking to prepare in advance?
Rich Hall
Business Advisor | Exit Planning Advisor
Originally Published on https://www.richhallgroup.com/blog
Rich is a Certified Exit Planning Advisor (CEPA) and business advisor with substantial experience in business coaching, advising, leadership development, business valuation, value acceleration, succession planning, and more. Rich is also a certified Baby Boomer!
He is a member of Silver Fox Advisors, facilitates CEO Roundtables and nationwide mastermind groups. He was recognized as one of the Top 15 Coaches in Houston in 2022.
Rich earned his undergraduate degree in Management Science from Georgia Tech, his MBA from the University of Houston, and his CEPA certification from the Exit Planning Institute.
He is the proud father of three sons, Jeremy, Mark, and Daniel, the grateful husband to his wife Jamie, and best friends with Bucky and Riley (dogs).
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