If you plan to sell your business in 1-3 years, you need to get started now! To achieve maximum value, it is critical to begin planning for this event long before it happens. Too frequently, business owners do very little Exit Planning. This lack of leaving enough time to do it right can have a tremendous impact on enterprise value (EV), buyer quality and level of interest.
Getting “your house in order” and targeting the most strategic buyers — who will pay the most for your business – takes time. Using an outside advisor to plan and execute this process early is critical. The advantages of using an outsider are that your business is not disrupted, planned exits are kept confidential and the best buyers can be identified while the most effective message is employed.
BCS is available to be involved in as much or as little of this process as our clients require.