The Business Owner, the Business and the MarketAre the Owner, Company, and Market all Ready for a Successful Exit?
Is your owner personally, mentally, and financially ready to exit the business? Do they know what else they will do after the exit?
Is your owner’s company ready for a new owner? Does the business run without the owner? Are systems, procedures, agreements, and financial statements in order for a new owner?
Are the market conditions favorable to transact? Are lenders lending money to finance acquisitions? Are buyers in a ‘buying season’?