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How To Prepare To Sell Your Business

8/1/2014

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You have wanted to sell your business for some time.  But you just can’t get your mind around how to do it or when to it.  It’s gnawing at you day after day, week after week, year after year. 

Join the club!  Most small businesses go through similar concerns and thoughts.   The concerns are valid but they don’t make it any easier.  You should first and foremost come to the conclusion that you want to sell…not maybe, not gee I think so…not I will sell for the right price.

Get serious and remember that your business will sell to a qualified buyer who is buying it for reasons that fit their perspective.  Don’t make the mistake of not thinking about what the buyer wants.  You love your “baby” and you want the best return you can get.  But you must be realistic about what the market has to say about your price and terms. 

It simply doesn’t matter what you think it is worth!  It is worth exactly what an independent buyer will pay for it…no more, no less.  If you are not willing to accept this very important fact, you are not ready to sell your business.  You might as well accept the fact that your business and the time you spend there will be your retirement! 

Here is a video done in the UK that we think does a very good job of explaining reality when it comes to selling your business.  https://www.youtube.com/watch?v=B-XXgyC8jwg

Oh buy the way, call us at Pacific Rim Business Consultants (808)744-1826 when you feel the reality of selling your business has become real.

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    Will Rodgers, Founder of Pacific Rim Business Consultants

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Pacific Rim Business Consultants
License # RB-19229
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​Hawaii Real Estate Broker
Russell W. Rodgers
Licensed Hawaii Real Estate Broker
842 Kealahou St.    
Honolulu, HI 96825
Phone: (808) 744-1826 *24 Hrs*
Fax: (810) 213-0244 *24 Hrs.*
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Skype: Marine19765431
info@pacificrimbusinessconsultants.com

Russell W. Rodgers
Licensed Michigan Real Estate Broker
6429 E. Atherton Rd.
Burton, MI 48519
Phone# (810) 213-0244 
Fax # (810) 213-0244
Skype: Marine19765431
rrodgers@verizon.net
VIPBusinessBroker.com, LLC
Russell W. Rodgers
Licensed Florida Real Estate Broker
VIP Business Broker, LLC
2274 State Rd. #580, Suite B
Clearwater, Florida 33760
Phone # (727)639-4398
Fax # (810) 213-0244
Skype: Marine19765431
info@vipbusinessbroker.com
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