Selling your practice or business is one of the most important decisions you’ll make. There are many factors to consider including how much the business is worth and what you’ll do with the money you make from the sale.
If you‘re planning to sell your business in the future, start taking action as soon as possible. You’ll need time to implement the changes that will improve the value of your business and help you get the price you want.
If you’re considering buying or selling a business, it’s essential to know what the business is worth. The challenge is what you may think a business is worth, and what the other party thinks its worth, are usually two different figures.
Advance planning and preparation are crucial to a successful sale of your business. Selling a business is often the culmination of years of hard work and it can be a difficult and time-consuming task. To get the price you want, you have to get it right the first time.