Selling your business is one of the most significant decisions you will ever make as a business CEO or president.
Selling your business is one of the most significant decisions you will ever make as a business CEO or president. In the Tampa market, where construction, manufacturing, wholesale, transportation and service companies continue to grow, a sale can secure your financial future and shape your legacy. When your company has earnings greater than one million dollars, the process becomes more complex than a typical small business transaction. These larger sales require a broker experienced in mergers and acquisitions who can guide you from initial planning through closing. The first step in selling your business is understanding what it is truly worth. Many owners have a general idea of value based on revenue or what they hear from peers, but sophisticated buyers look at earnings and risk in more detail. A professional broker prepares a structured opinion of value that considers seller discretionary earnings or EBITDA, market multiples in your industry and comparable transactions in the...