It’s not uncommon for a business owner to get an offer from someone to buy the business. It can come from an employee, a competitor or someone from “out of the blue”. But since a business owner oftentimes doesn’t have the experience or background to evaluate the qualifications of a buyer and take all the steps to get through a transaction, it can end up falling apart or not being the best deal for the business owner. It is wise to use a Business Broker or M&A Advisor to search the market and get the best offer (or offers) from a buyer who is a good fit and can work through the process to get a transaction to close.
Tips for Maximizing Value
January 17, 2025