Below are a few key questions to ask yourself if you are considering the sale of your company. These questions are for your own use. You must answer honestly to aid you in determining if now may be the right time to sell your company.
- Do you have a clear reason for why you want to exit your company?
- Are you prepared to train a new owner in transitioning ownership?
- Have you planned what you’ll do with your time when you no longer have an office to go to?
- Have you had your company appraised? Will the sale be sufficient to finance your next life?
- Are you truly committed to selling if your financial expectations are met?
- Do you have ideas as to who might be the best buyer for your company?