business selling attorney nc

When to begin thinking about selling your business

Some thoughts about when to start selling your business from

You've worked hard to build and/or maintain your business. Ultimately, you should have a plan in place to sell or transfer it. 

Ask yourself: is my business my largest asset? 

Do I need the sales proceeds from my business for my retirement?

Preparing to sell a business can be take several years. 

Business Selling Attorney

Over the next twenty years, the majority of personally owned businesses will change hands as the Baby Boomers retire. Many times I’ve seen business owners without succession or transfer plans simply shutter the doors of a perfectly viable business that could be sold.

Some things to consider years in advance of your retirement:

1)     When do you want to retire or sell the business?

2)     Is there a new competitor coming into your business market?

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