Are you really ready to sell your business?

Business owners should plan their exit early, but most wait until forced by events like divorce, illness, or burnout. Selling without preparation often creates problems. Before selling, consider these questions:

How much is your time worth? Running the business while dealing with buyers is overwhelming and can hurt value. A broker screens buyers and saves time.

How involved should you be? Micromanaging distracts from operations, which must remain strong during the sale. A broker handles details while keeping you informed so you can focus on the business.

Are there other decision makers? Silent partners, spouses on licenses, or family investors can complicate a deal. Get written approval from all parties before going to market.

How important is confidentiality? Word can leak, and it often does. Have a backup plan. Brokers are skilled at protecting confidentiality while keeping the process active.

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