Selling your Indiana business will help you ultimately realize profits. The amount of equity held in the business is converted into cash and cash allows you the freedom to pursue alternative opportunities that you've been desiring for so long.
When Should I Sell?
The best time to sell a business and receive the best deal for your Herculean efforts is when the organization is in full swing and has a very promising future (usually a steady growth rate of at least 3-6% year over year for example). You get the most favorable results when conditions are strongest. Yes, some investors specialize in turnaround situations, but these are only for the most seasoned operators and the market is much smaller.
Preparing Your Company For Sale
1. Maximize the Sales Picture
2. Minimize Expenses
Some Other Ideas on How to Best Position the Business For a Close
If you are selling a business or looking to buy a business in Indiana, send me an inquiry about your situation and we can talk about what to do next.