For many successful entrepreneurs, selling a business represents the largest financial transaction of their lifetime. Years—often decades—of sacrifice, strategic decisions, and calculated risks culminate in a single liquidity event that can fundamentally change a family's financial future.
Yet surprisingly, many business owners spend more time preparing their business for next quarter than preparing for the eventual sale of their life's work.
If your business is worth several million dollars or more, the decisions you make during the five years leading up to a sale can dramatically influence your after-tax proceeds, your family's longterm wealth, and the legacy you leave behind.
Here are four essential considerations every business owner should address well before entering negotiations. Read the FULL ARTICLE!
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