The Process of Selling A Business - Pitfalls To Avoid
For business owners, selling the business is often the single most important financial transaction in their lifetime. Since this is such an important event, we created a video series that will guide business owners through the selling process. Dave Wojeski, a partner at Greenbush Financial, has spent years in the merger acquisition space, focusing on business transaction between $5M and $100M in value. Over the course of these 3 videos, Dave will share the following information about the sell side of these business transactions:
Video 1: Valuation & Prepping Your Business For Sale
Knowing when it’s the right time to sell your business
How to determine the value of your business
The returns that buyers typical expect from the acquisition of your business
Prepping your business for sale to command a higher valuation
Video 2: The Process of Selling Your Business
The steps associated with selling your business
Professionals involved in the selling process
Letter of Intent (LOI), Due Diligence, and Purchase Agreement Terms
Special considerations when selling the business to your children
Video 3: Pitfalls To Avoid When Selling Your Business
Common pitfalls to avoid when selling your business
Employment agreements post sale
About Michael……...
Hi, I’m Michael Ruger. I’m the managing partner of Greenbush Financial Group and the creator of the nationally recognized Money Smart Board blog . I created the blog because there are a lot of events in life that require important financial decisions. The goal is to help our readers avoid big financial missteps, discover financial solutions that they were not aware of, and to optimize their financial future.