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[ Tue, Jan 14th 2025 ]: Forbes
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The Right Time To Start Planning Your Business Sale
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[ Sun, Jan 12th 2025 ]: Reuters
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The Right Time To Start Planning Your Business Sale

The best time to start planning is when your business is doing well—ideally growing, profitable and showing stable performance. Buyers want to invest in businesses with upward momentum. Planning early allows you to position the business as an attractive opportunity, not a distressed asset.
The article from Forbes Finance Council, published on January 13, 2025, titled "The Right Time To Start Planning Your Business Sale," discusses the optimal timing and strategies for business owners contemplating the sale of their company. It emphasizes that planning should begin well in advance, ideally years before the intended sale, to maximize value and ensure a smooth transition. Key points include understanding market conditions, preparing financials, enhancing business value through operational improvements, and considering personal readiness for life post-sale. The article highlights the importance of engaging with financial advisors, accountants, and M&A specialists early to navigate the complexities of the sale process, assess buyer interest, and structure the deal effectively. It also touches on the psychological aspects of letting go of a business, suggesting that emotional preparation is as crucial as financial and operational readiness.

Read the Full Forbes Article at:
[ https://www.forbes.com/councils/forbesfinancecouncil/2025/01/13/the-right-time-to-start-planning-your-business-sale/ ]