Is It The Right Time To Sell Your Business

Is It The Right Time To Sell Your Business?

Takeaway: With the economy re-opening, there is a really solid opportunity to position your business to sell.

 

We can all agree on one thing for sure: 2020 has been a crazy year so far!

Can you believe it is almost halfway through?

From the coronavirus, to the worst economic climate our country has ever seen, this year will for sure go down in history.

A question we are receiving from our clients is:

Is now the right time to start selling my business?

 

Our answer, based upon the massive interest we are receiving from buyer groups is: YES!

 

In fact, it may be the best time you have ever seen to start preparing your business for sale.

 

You may be worried about your business’ value during this time, however we believe that this time can do one of two things for your business valuation.

 

  1. Won’t affect your valuation at all.

  2. Can increase the value of your business.

Why wouldn’t it affect your valuation?

When your business is professionally valuated, the financials are “re-casted,” meaning that the profit and loss statements of your business are adjusted for one time expenses, discretionary expenses, and “acts of God.”
Meaning, that this time period is being viewed by business buyers, and valuation firms, as a one time period that does not reflect on a business’ capability of earning revenue.
Your business’ value is safe, and most buyers are looking past 2020 to 2021.

How can it increase the value of your business?

If you are still operating on, or about the same level as you were in 2019 – or, if your sales have increased during this time –  your business is more valuable than it was in 2019 simply due to the fact that you have built a company capable of withstanding any economic climate.

When your business is valuated, this aspect can significantly increase the value of your business.

 

Preparing your business for sale now is more important than ever before.

 

We receive requests from buyers every day who are seeking to purchase businesses during this time.

 

Some of them want to purchase one business each week this year!

Does your business fit in to what they are looking for?
FIND OUT MORE BY SCHEDULING A BREAKTHROUGH CALL TODAY:


SCHEDULE YOUR BREAKTHROUGH CALL

We are here for you if you have questions about selling, and ready to help you get started when you are ready.

 

YOU CAN GET A FREE ESTIMATE OF VALUE –

While this will not substitute for a professional, detailed valuation – this online tool can help you see an estimate of what your business could be worth in the market –

 GET YOUR ESTIMATE OF VALUE HERE

 

 

LEARN THE SECRETS OF SELLING YOUR BUSINESS

This book is jam packed with examples, templates, and how to guides for selling your business – you can have it for FREE!

 

READY TO GET STARTED?

There are many aspects to consider when selling your business, make sure you have every part covered by signing up with IAG today!

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