Is it time to sell your business — either because you’re on the point of exhaustion and retirement beckons, or conversely you want to ramp up sales whilst reducing your own risk?
Tim Miles says two of the key factors are ensuring your business is not too highly leveraged and demonstrating that your business represents low risk for an investor. Part of that risk, of course, could be you. Can the business survive without you?
In today’s BTalk Tim talks us through the issues around getting ready for a sale, finding the right buyer and getting the best price.