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getting your financial house in order
Your sales presentation to a prospective buyer will include the company financials for the past 3 years. Therefore, you should always prep your business to show a 2 or more year up-trend that supports your market value. This includes:
- increasing sales from the prior year
- incurring expenses that directly grow the business
- building a positive cash-flow stream
Additionally -
- get rid of excess inventory
- pay off short and long-term obligations
- show a history of collectable receivables
- maintain a strong credit record with your lender
- resolve any complaints with business bureaus or other
About This Guide
We will review the financial requirements needed to secure the maximum value for your business. Our topics:
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Business Selling Prep
