It’s not easy to sell your business. After all the years and passion you’ve put into it, it’s almost become a part of you. Parting with it can be one of the most difficult decisions you’ll ever make.
If you do decide to part with your business, however, you want do it the right way, at the right time. The last thing you want to have happen is for someone to take your business and end up having to shut it down because it wasn’t ready to be sold, or worse yet, someone take your business in a direction you never wanted or desired it to go.
For these reasons, you need to be very careful about how you’re selling your business. Not only do you have to find the right buyer, but your business must be ready for that buyer. To help you determine what you need to consider when selling your business, seventeen business owners and I from the YEC have put together a list that tells you exactly what you need to do before selling your business.