Rather than be unhappily surprised when you decide it is time to sell your business, be prepared as you have with your business over the years. Arrange for a free, no-obligation conversation to learn what your business is worth now, and what you can do to get the best price possible when the time arrives to sell.
The smart way to sell is to get all cash at closing. You don’t want to worry about getting paid from a seller note — you want all cash or nearly all cash at closing. In most cases, the cash will come from an SBA-guaranteed loan, through a bank. You need to know beforehand what the bank is going to want to see in your financials to loan the Buyer the required amount of money.
if you would like a confidential conversation about how to prepare, contact me on my cell, 954-579-4687, or by e-mail at bobd@dolansales.com. My LinkedIn profile is at http://www.linkedin.com/in/dolansales.