10 Questions Prior To Starting Your Journey To The ELITE Exit
Jan 05, 2024Questions every business owner should consider as they start their journey to the ELITE Exit:
- What inspired you to start this business, and how has it evolved over the years?
- Can you articulate your long-term financial goals and how they align with the sale of your business?
- What legacy do you envision leaving through the sale of your company?
- Have you considered the cultural fit of potential buyers and how it aligns with your company's values?
- How flexible are you with the timing of the sale, and what external factors might influence this decision?
- What are your deal-breakers when it comes to choosing a buyer for your business?
- In your opinion, what unique aspects of your business make it attractive to potential buyers?
- How involved do you want to be in the business post-sale, and what role do you see for yourself?
- What risks or challenges do you anticipate in the sales process, and how do you plan to mitigate them?
- How do you envision the future of the business under new ownership, and what steps have you taken to ensure a smooth transition?
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