How to Increase the Odds of Selling Your Business

Improving the opportunity to sell your business

You may be surprised to learn that if you want to sell your business, there is about a one in five chance of actually achieving that goal. Even with strong financial performance, sometimes businesses with less than $1,000,000 in revenues don’t sell.

According to BizBuySell, the largest online business-selling platform:

  • only 20% of all of the businesses listed for sale ever sell,
  • roughly 50% of the deals agreed to between buyer and seller never close,
  • only 10% of sales are handled by business brokers

The last fact may explain the first two!

Buyers want to purchase successful operating companies. Buyers will pay higher multiples of earnings for companies that have a sustainable and repeatable cash flow stream, documented procedures and are staffed by competent and loyal employees.

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