So, where is that Pot of Gold at the end of the rainbow?
That Pot of Gold will only be there for businesses that have been structured to sell – easy to read financials, profitable bottom line, key employees in place, growing market, quality products and services – a whole host of issues. Business owners who are too aggressive on minimizing taxes and fail to show profits might be very disappointed in the value of their business when it comes time to sell. Business owners need to understand what buyers are looking for and need to put plans in place to get there.
Subscribe below to receive our monthly Business Toon Tips.