Is my company salable?

Is my company salable? This is a question that all corporate owners reflect at a time from their business ownership and it is important to keep in mind as an owner. The planning of a future output or being prepared for unexpected change of situation is a great way to provide you and your peace of mind of your family. In the following article, I will take this topic and will finally share the answer with you.

Although there are many variables that intersect and create a possibility of sale (or not), at the end of the day, the market will dictate if your company is salable. While exploring the possibilities of buying a company, each buyer hopes perfect financial registries, perfect income statements, a well-developed employee structure and variable procedural manuals, because, of course, that would be very ideal. However, you would be in a hurry to find a really perfect business and capable of checking all the required boxes. Nothing business is never perfect because companies still evolve and change with the economy and market trends.

Although he could never have the “perfect” elusive, I firmly believe that there is a buyer for every business. It’s just a function of placing the company’s good value and at the right time. This subject brings me back to a story that a colleague relayed me several years ago at this point. The story goes on that there was a business located in a marsh. A company that raised mice for sale to zoos as food for snakes and other creatures scales. The owner had to sell and have the price of the company at $ 150,000. The company had no book and records consisted of a shoe box with a single crumpled receipt. This situation seems less than ideal than a sale and a purchase point of view.

But I bet you guess it! This business sold and it sold in just 8 days, no less! This company sold for the price asked in full and to date, the buyer continues to organize this company, a company located in a marsh. So, the morality of history is it, yes, your business is salable! As long as the price is right and the timing is right – there is a buyer for each type of business. So, to conclude, it is important to plan a future output of your business as soon as possible so that you can leave if necessary and for the optimal return you hope.

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