In order to maximize the return on investment, business owners need to prepare their business for sale well in advance of the sale process. This requires a consideration and management of a number of factors both internal and external to the business.
This event covered:
- selecting the right team to manage the sale process. This will involve a consideration of the skills required for the process and an identification of the internal and external resources that may be required to facilitate a successful sale
- getting your house in order - conducting your own presale review and identifying and remedying any issue identified
- market considerations and impact on valuation expectations
- taxation considerations
- how to avoid common mistakes when getting a business ready for sale.