Part -4…Five MORE Things to Consider When Selling Your Business

Planning for business succession means it’s time to get every thing in order, both from a family and business perspective. Here are a few things to add to your exit planning list:

1.       Formalize contracts with customers

2.       Formalize contracts with suppliers

3.       Clean up legal issues

4.       Understand the “true” value of the assets

5.       Repair / maintain equipment