Putting Together Your Business Transition Dream Team
If it takes a village to bring up a child, it takes a whole army of specialists to pull off the ideal sale:
– a deal advisor, investment bank, business broker or other intermediary
– accountancy and corporate finance advisors
– deal attorney
Not to mention the management talent to backstop the whole process.
As an owner who is thinking about selling your business to a third party or transitioning the ownership to family or other insiders, it’s important to educate yourself about the process and work with professional advisors who specialize in business transfers and have the expertise to manage all facets of your transaction. There are myriad aspects to consider and serious decisions that will need to be made, and not having the right team in place could cost you. After all, you only get one chance to sell your business and you want to do it right! Putting Together Your Business Transition Dream Team