Preparing to Sell Your Privately Held Company

Selling your business can be the largest and most important transaction you will ever have. No matter the reason for the sale – illness, age, partner disputes, financial hardship, or other reasons – selling your company is a high–stakes transaction, with far-reaching financial and emotional consequences.

sell your businessMaking the decision to sell

Why do you want to sell? The following list may point to the reason that now is the time:

  • Owner’s Burn-out
  • Want to retire
  • Health problems
  • Children do not want to enter the family business
  • Get estate in order
  • Other business interests

If there are partners or stockholders involved in your business, be sure that everyone agrees (in writing) to offer the business for sale. Whatever the reason for making the decision to sell, if you have the luxury of time, you should start preparing your business two to three years before your desired time of sale.

DBG Advisors is the team that will maximize your business value and guide you through the process with the highest of ethics and professional services. Click here for more information on how to get started selling your company. Learn more on why it is a good idea to work with a specialist and view our Transition Process.