Cashing In!
Selling Your Company For Maximum Profit
Douglas Group
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Why Your Business
Is Worth WAY Less When You Have No Plans To Sell It
We sometimes encounter business owners who believe that any
sale of a business surely results because of some type of failure. They imagine that questions like "Why
did you sell?" "Was everything
OK?" "What are you going to do now?" might surface immediately. The American entrepreneur is
fundamentally a 'never give-up, never surrender' persona and for that reason
some feel that they should only ever consider sale when they have no other
choice. These situations, where sale becomes required, might include urgent
financial needs or the lack of an 'heir' to take over the business when
retirement is desired or worse, mandated.
It is my opinion that this is a dangerous and even harmful
mindset. Business ownership should
not be a lifestyle choice as much as a savvy investment strategy. A company should be managed solely to
maximize wealth and asset value.
Financial focus should not be limited to the minimization of tax
liabilities, which a prudent CPA will structure, but instead should also focus
on long-term profitability and asset value......................read more.
Written by
Danette Kohrs, Senior Manager for the Douglas Group, a St. Louis-based
private investment banking firm which represents sellers of
middle-market companies. For more information, call 314-991-5150.
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More Articles
On Selling a Business
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consider friends or colleagues that you think might find the
information we provide each month in this newsletter, as well as on our
website at www.douglasgroup.net, helpful to their business planning. Just click on the link at the bottom of this page to forward to them.
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We've
created this newsletter to share timely and relevant industry expertise
on buying and selling businesses. Here we share stories, anecdotes, and
expertise in the world of business sales; also known as mergers and
acquisitions. We can also provide other educational resources such as
webinars, audio CDs, industry books, and consultations. We're always
eager for and appreciative of any suggestions or feedback you may have.
Thanks for reading. We would enjoy hearing from you.
314.991.5150
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Free Audio CD
Discusses how to sell your businessness for
MAXIMUM PRICE!
Topics include:
Owning a Salable Company
vs. Owning "A Job"
Why & When To Sell
How Competition Increases
Selling Price--Significantly!
The Secret Benefit of the Intermediary Shield
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Free Value Assessment
By
knowing what causes value and how great deals are made, you can put
your company in position to someday be the source of enormous personal
wealth. We can show you the key control points to maximize business
value, to solidify your business foundation, and to eventually ensure
top value in your company. Just visit our website at www.douglasgroup.net.
You may even
qualify for a
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