PREPARING YOUR BUSINESS FOR SALE
The best time to start preparing your business for sale is right now – even if you launched it yesterday.
The biggest challenge to selling small businesses is their dependence on their owners. Owners can increase the value of their businesses (and improve their own lives!) by making themselves unnecessary to the successful operation of their businesses. This requires a thoughtful plan which we can help with in the following ways:
Identification of key intangible assets (such as customer relationships or proprietary business processes) used by the business but "owned" by the business owner
Development of a plan to transition ownership of those assets from the owner to the business
Identification of risks and opportunities your business faces and recommendations regarding ways you can manage and capitalize on them
When you are ready to sell your business, we can also provide the following services:
Business valuation to give you a sense of your business' worth before you go to market
Business valuations for SBA financing
Preparation of presentations, dashboards and projections to help you communicate the value of your business to prospective buyers
Evaluation of offers to purchase your business and negotiation support
Quality of earnings analysis
We can also provide these same services to investors who are seeking to purchase businesses.
The Lucas Valuation Group provides unique insights designed to help business owners drive value into their businesses.