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Tip #184: Will The Business Be Attractive To Buyers?
Business owners need to be thinking about what might make their business appealing and competitive in the marketplace when it comes time to sell. There are so many elements to consider – asking price, profitability, products and services, assets, location, real estate lease, key employees, competition, technology, marketplace – the list goes on and on. It is a good idea to work with a business broker or mergers and acquisitions advisor to start planning at an early stage in order to attract qualified buyers and get top dollar.