preview

Questions On Google 's Article On Facebook Essay

Better Essays
Open Document

When to Sell Your Business By Michael Fekkes | Submitted On January 14, 2011 Recommend Article Article Comments Print Article Share this article on Facebook Share this article on Twitter Share this article on Google+ Share this article on Linkedin Share this article on StumbleUpon Share this article on Delicious Share this article on Digg Share this article on Reddit Share this article on Pinterest Expert Author Michael Fekkes Every business will eventually change ownership and the decision to sell a company can either be viewed by the owner as the most agonizing event or the most liberating. Some owners are ill prepared for a business transition and are caught off guard by deteriorating health, unanticipated financial calamities, divorce, or personal stress. These owners are forced to sell without proper planning and often receive less than optimal remuneration for their company. Other owners recognize that in order to maximize the business value, similar strategic planning done during the years the company was being built is also required prior to selling the enterprise. The goal of this article is not a crystal ball analysis as to why selling a business now is the perfect time; the article 's intent is to review the factors that can influence the timing of this decision and the necessity to prepare well in advance for the eventual business transition or sale. Life 's circumstances are ever changing and proper succession planning is the single most important way

Get Access
Related
Get Access