Launching a small company takes nerve and determination — and so does ultimately divesting of your beloved company. The decision to sell can be nerve wrenching, but whether you’re selling because the work is no longer fun or because you need more time outside of your business, the preferred end result is often the same: You must ensure that you’re optimally compensated for the blood, sweat and tears you contributed into making the your company what it is today.
Thinking about or even preparing to sell? The infographic below (source: Intuit Small Business Blog) walks you through the four primary phases of a business sale and provides tips and markers to assist your thought process to get the most out of the process.
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Excellent primer on the necessary prudent steps to take both before and during the sale of one’s business. Thanks!
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