Your business is likely the largest illiquid asset you own. Have you considered how you will turn it into a liquid asset so you can use it for retirement planning?
Here to shed light on selling your business is Albert Hakim, a Certified Merger and Acquisitions Advisor with Kensington Company. Today, Albert speaks with host Larry Heller about what business owners can do to become exit-ready and how they can make their businesses attractive to buyers.
In this episode, you’ll learn:
Why an owner’s insistence on wearing all the hats in their business may make it unsellable
Why Albert believes it’s a sign of trouble if a business owner can’t take six months off
Examples of how business owners increased their valuation
Ideas for practices to adopt now that will make it easier to sell later on
Examples of what may attract acquirers to a certain business
And more!
Tune in now to learn how to make a smooth business exit so you can retire right!
Resources: Heller Wealth Management | Kensington Company |
[email protected]: (516) 626-2211