Entrepreneurs need their own team to navigate the sales process.
posted by: Scott Hislop
Sep 26, 2018 1:21:26 PM
A large percentage of businesses listed for sale never do. Following are the “Dirty Dozen” reasons why businesses fail to sell.
Bonus reason: 13. Trying to hide negative business information. It almost always comes out in due diligence, and can destroy a sale. It is almost always better to disclose everything up front and develop a plan to explain or fix the problem issue.
Here’s the good news:
All businesses have a wart or two. Just because you have some of the above things going on in your business doesn’t make it unsaleable. Transworld Business Advisors are experts in market valuation, marketing your business confidentially, negotiating, and process flow to optimize your chances of a successful sale. We can help with all of the dirty dozen except #12. The timing is up to you. While no one can predict the best timing, most can see that now is a great and vital business climate with good capital accessibility. Give us a call if you would like to know more of our proven and confidential business sale process.