Andrew Rogerson's Linkedin Analytics

Whether you were an entrepreneur from the get-go or built your business later in life, you're likely here because the lure of retirement or the desire to change paths has you ready to exit your lower-middle market or middle-market company. Among the many learning curves that come with business ownership, understanding the process of selling a company can be overwhelming. Top Reasons to Consider an Exit Strategy Exit strategies are the foundation of successfully selling your business. They'll help set up your business to maximize its value, identify the best fit potential buyers, and ensure you have your paperwork in order when a prospective buyer goes through the due diligence process. Some company owners try to put together their exit strategy. However, those who don't have previous experience selling a business usually find themselves in over their heads with paperwork, technicalities, and closing on a lower price than their business deserves. For these reasons, when looking at the typical business owner exit strategy versus an M&A exit strategy, hiring the help of an M&A specialist is advantageous. We'll talk more about the role of an M&A advisor soon. For now, let's look at ten reasons why having a well-planned exit strategy is critical before you sell your business. 1. Identifying Buyers 2. Taxes 3. Preparation for Opportunities 4. Foundation for Goals 5. Business Valuation 6. Seamless Transition 7. Timing 8. Personal Emergencies 9. Offer Options 10. Recession Andrew is the owner and managing director of Rogerson Business Services, a licensed business consulting, M&A Advisory located in Sacramento, CA. His services include business brokerage; helping owners sell and/or buyers purchase a lower middle-market business including medical practice from $500,000 to $50 million. Would you like to schedule a 10-minutes discovery call to see if we are a good fit? Just grab a suitable time on my calendar - link - https://www.midmarketbusinesses.com/qualification-form