How to Make Sure You Can Sell Your Small Business
If you're lucky enough to own a business and not have to "work for the Man," you nevertheless have this problem: Do you have an exit strategy to enable you to sell your business at some point in the future?
The vast majority of small business owners, when they're done doing whatever it is they do, lock the door behind them and walk away. The reason for this "no sale" outcome — which some experts say is the result for 99 percent of businesses — is often that their owners didn't build their businesses to be attractive to potential buyers.
Fortunately for every small business owner who dreams of selling one day, there is a new book that outlines exactly what you have to do to get your business into shape for an eventual successful sale. In Built To Sell: Turn Your Business into One You Can Sell (Flip Jet Media, 2010), […]