As a business owner, the decision to sell your business is probably the biggest decision you will ever make.

There are several reasons you may have come to that decision. It could be that you are about to retire, sell to a larger company to assist in its growth, or sell to your management team. Whatever the specific reasons, selling your business can be a difficult, complicated, and emotional experience, especially if you’re not properly prepared.

A common mistake made by many business owners is the lack of time taken to prepare the business for sale.  It is vital sufficient time is allocated in advance to ensure the business is in a strong position for sale, that any existing issues are addressed beforehand, and that the structure is optimised to secure the best sale value and the minimum exposure to tax.  Failure to plan can often result in the business valuation not meeting the owner’s expectations or problems further along the line. Jerroms Corporate Finance can help you with every step of the process.

Preparing your business for sale - our insightful video shares practical tips to help you navigate this important journey, including essential steps to get your business ready for the market, strategies to streamline your operations and boost profitability, and tips to make your business more attractive to potential buyers. Click the link and set your business up for a successful sale.