Selling your business is a large undertaking and not be approached without sufficient preparation. In order to ensure you are getting the best value, there are several things you need to act on. Ask yourself key questions about your business; Is your business worth as much as it could be? Have you done everything you can to set it up for an easy handover to the new owners? Is your profitability the same or better than that of your competitors?
It is integral during this process to ensure key things such as the capabilities of your staff, the validity of the contracts you have in place, how current the technologies you use are and how reliable your financial records and management are. You need to onsell legally and cleverly. Your business is at its most valuable when it is at the top of it’s game. In order to get the worth of your business, you will need to be able to prove it.
Contact us to begin reviewing your options. Our team has a wealth of experience in this area and can provide the most valuable advice for you.
Progressive Wealth Solutions is a Corporate Authorised Representative No.472911 of Keystone Partnership Pty Ltd ABN 22 169 650 720, Australian Financial Services License (AFSL) No. 466