27 Jun FOR YOUR CONSIDERATION
- BUYERS WANT CASH FLOW
Recasting financial statements will help you provide a potential buyer with a better view of cash flow. Cash flow is not the same as profit. All potential buyers will want to see the income tax returns, profit and loss statement, owner compensations, etc.
- LOOKS CAN MAKE A DIFFERENCE
Just as you will need to do all that you can do to show a well organized, profitable business, you also will need to make sure that your facility is as aesthetically attractive as possible. Anything that you do to increase sales, increases profits and adds to that important cash flow that buyers seek.
- ADD VALUE TO YOUR BUSINESS
Don’t overlook the impact of a loyal customer lists, proprietary products, well-maintained equipment, special computer software programs, unique services or products and good employees will make when considering the value of your business.
- ELIMINATE SURPRISE
If your business has any flaws, be open about them. Do not allow legal, environmental or any other undisclosed problem to kell the deal. You need to resolve any problem before you market your business for sale.
- ALWAYS SEEK PROFESSIONAL ADVICE
The R. A. Kent Company, LL. Professionals are experienced, credentialed, and knowledgeable in helping buyers and sellers achieve their goals. Call us today.