6 Things to Consider Before Selling Your Business

Businesses are complex, no two are the same.

M&A transactions are complex, no two are the same.

Entrepreneurs and business owners are also unique. Each with different priorities and reasons for entering into an M&A transaction.

There are certain key questions for a business owner to assess before entering into a transaction.

Some of the things you will need to consider are:

  1. What is your main reason for selling and is this the right time for you?
  2. What is the business worth and does this meet with your financial objectives and requirements?
  3. What are the other options to selling? There may be a more appropriate exit or succession option than selling to a competitor.
  4. Is the business ready for intense scrutiny from a Due Diligence process including financial, legal, commercial and other DD requirements of buyers?
  5. Does the business have the right team in place to continue to perform (allowing you as an owner to have a greater ability to fully retire)?
  6. Do you know who is going to buy your business and what makes it attractive to them?

CN Strategic Advisors will help you answer these questions as well as delivering an M&A transaction to meet your requirements.

As mentioned above, there are many factors and influences affecting an M&A transaction, answering the above questions is just the start of what can be a lengthy and complex process.  Don’t struggle on your own and potentially lose significant value by not engaging with an M&A expert.

We are a family-owned M&A boutique and are here to help you to reach and exceed your goals.