Want To Sell Your Business For MILLIONS? Ask Yourself These 5 Questions FIRST!

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Is your business worth selling right now? Before you pull the trigger on a large transaction, you should ask yourself the following questions.

1. Are you psychological ready to sell your business? How do you feel getting out of bed in the morning. If the fire is still there?

2. Is your valuation correct? The acquirer is trying to make the best deal possible, but you need to solve your problem too. Valuation is what someone will pay for something, but it is also what you are willing to let your business go for. In the video we discuss the ways to value your business.

3. How long would it take you to earn the acquisition price if you just stick around? If you were offered $1 Million dollars for your business, how long would it take you to accumulate that money?

4. What is your game-plan once the deposit hits your bank account? If you don't have a gameplan, the money that goes into your bank account will go bye bye.

5. Are you seeking greener pastures? Sometimes you just have to face the reality that every business has its problems. Just because you have an idea that you think may be more profitable, you should evaluate why you are seeking something else.

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