Jul 17, 2022
In General Discussions
You may find yourself repeating your reason Job Function Email List more than once, simply because your purchaser might struggle to understand why you want to sell such a Job Function Email List profitable business, exhibiting so much obvious potential for future prosperity. Because your reason to sell is so important, consider putting aside Job Function Email List some time to discuss the future of your business and your reasons for considering selling. This could be a family discussion, a conversation between business partners, or a formal board meeting Job Function Email List with your fellow directors. Make sure Job Function Email List you brief each party beforehand so they have time to prepare for the meeting. The decision to sell-up has so many Job Function Email List ramifications for the future of each individual affected, there is seldom any benefit in 'winging it'. Decisions taken hastily or 'on-the-fly' can easily be misunderstood or misinterpreted, leading to mistrust and resentment. Job Function Email List Either of which you really don't need at this early stage Job Function Email List in the process. Have you also thought about asking each person involved in the decision making process to write down what they consider to be the future for the business and what reasons there are for selling? Although this approach sounds simple Job Function Email List enough it's not always that easy to carry out. Some people find it tricky to express their thoughts and ideas clearly on paper. But it's precisely through making the effort to write things down that the real reasons for selling will Job Function Email List become apparent. Very often it's only by way of getting together and discussing the future of the business with your peers, that you'll reach a firm decision to sell and agree on the reasons for doing so. Finally, promise yourself you will NEVER make a decision based on opinion Job Function Email List always, always, always make decisions based on clear-cut FACT. No exceptions! David Mattocks is The Business Broker.