Perhaps you’ve planned it from the beginning, or maybe you’ve taken years to decide. Somewhere down the line will come the time to sell your business, and you want to make sure you come out on top. “I sold my business” is a magical phrase for entrepreneurs. It conjures up of pictures of wealth, leisure and exciting new challenges. For many entrepreneurs, it’s the goal from day one. “Selling might not be everyone’s objective when they’re starting out, but it should be” says Ned Minor. Mr. Minor is a transaction attorney in Denver, and the author of “Deciding to Sell Your Business: The Key to Wealth and Freedom.” It seems eventually, every business owner leaves their business either sitting down at a deal table or feet first on a stretcher. The idea of working until your last breath is not uppermost in our minds when we start out on that exciting roller coaster ride known as “entrepreneurship.” But if you aren’t already planning a more graceful exit, you may come out on the short end of the stick. When starting a business we’re usually so busy with the details involved in making it an eventual success that selling out is the furthest thing from our minds. But the day you start building should be the day you should start designing your exit. It should be the ultimate goal of your success. Many entrepreneurs are successive business builders. The fact that they sell one business doesn’t mean retirement for them, it just means the opportunity to start another business that has been lurking in the back of their minds. In fact many entrepreneurs enjoy the building up of a business almost more than the profitable success it becomes. What does a saleable business look like? It’s saleable if it’s “scalable” says Minor. There are small-and-steady businesses sold every day, but the big bucks come looking for a business that has huge growth potential. Every buyer thinks that he/she is smarter than the seller, and that they can double or triple the present business it’s doing. A business will fetch the best price only when buyers believe they can take advantage of significant future growth potential. Selling a company’s future upside however, means proving your previous growth and validating your future growth strategy. You should start with 2 years of audited financials to backup the historical growth. Then be prepared to explain your business strategy and how it fits into the overall market. Be it through acquisitions that you’ve grown, then show how many more acquisition targets are still in the market. If through new product development, be prepared to give the details of your R&D pipeline and your ideas for future products. Now as for buyers, there are two types. There are “financial buyers” who will typically pay a lower price because they have a fire-sale mentality. You need to find the strategic buyers out there, and paint a picture for them. Show them a great customer relationship, a great piece of intellectual property, an advantage in time to market, or a key employee. Show the strategic buyer how one plus one equals three. Grab Your Copy For Only . . . $2.94 I know you will get something from this well written eBook! Remember: Knowledge is power - And Great Knowledge is Powerful. When reading an eBook can MOVE you - Isn’t that feeling worth the price of the wonderful read? ENJOY! APPLY! SHARE! THIS EBOOK IS NOT CHEAP - I JUST PRICE IT SO MORE PEOPLE CAN ENJOY WHAT IT SAYS. EVERYONE IS SELLING THEIR EBOOKS TOO HIGH, LEAVING GOOD PEOPLE LIKE YOURSELF OUT IN THE COLD. COME BACK IN AND ENJOY A GOOD READ BY THE FIRE I'VE PRICED THIS EBOOK VERY REASONABLY SO ANY FAMILY CAN AFFORD IT. FEEL FREE TO ENJOY THIS TITLE AND LOOK AT ALL 1,500 EBOOKS I HAVE AVAILABLE AT: WWW.VILLAGESHOPPER.TRIPLECLICKS.COM THANK YOU - HAVE FUN - DON THORN

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