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Tip #177: Clean Up Operations!
When preparing the business for sale, the owner must review the entire operation for products, services and assets that aren’t profitable. Oftentimes, in the past, a business owner might make have made what turned out to be a bad decision, and it’s not unusual to not have made a course correction. But now It’s now time to make the hard decisions to clean things up. A clean operation can make a real difference in finding interested buyers that will make offers.