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How Life Goals and Anticipated Market Conditions Should Factor Into Deciding When to Sell, Actionable Steps You Can Take Today to Prepare for Acquisition, What the Single Biggest Factor Is In Increasing Your Valuation
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“Run your business while you’re selling it as if you weren’t going to sell it.”
Sam Goodner is an Ernst & Young Entrepreneur of the Year award winner (2008) who founded a 450-person IT services firm that he sold to a publicly traded company. In this lesson-packed episode, Sam shares with us:
- How life goals and anticipated market conditions should factor into deciding when to sell
- Actionable steps you can take today to prepare for acquisition
- What the single biggest factor is in increasing your valuation
- How to find the right investment banker for you
- The one document you shouldn’t relegate to your investment banker (and should draft yourself)
- Why purchase price isn’t the only factor to consider in an offer
- Why Sam took the second highest offer for his company
- How the deal dynamic changes pre and post Letter of Intent (LOI)
- When you should sell your company
An experienced business law lawyer at Thorsen Legal can help you prepare your business for sale, navigate due diligence, and negotiate fair terms for the buyer and seller. Call today for a free consultation.
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