Multiple Acquirers
Generate multiple acquirers. Negotiating among
multiple acquirers creates a competitive environment. A process called the silent auction
motivates buyers to pay more.
Effective Marketing
The price you receive will depend on how effectively
you market your company. Key considerations include: 1) effective documentation, 2)
approaching multiple buyers, 3) properly prepared forecast, 4) skilled negotiating
techniques.
Add Backs/Adjustments
Identify extraordinary expenses, owner reflected
salaries and undervalued assets. Prepare adjusted statements to more accurately reflect
the profitability and assets.
Professional Assistance
You may want to consider professional assistance. A
skilled professional can ultimately save you time and money. The price you receive will
depend on how effectively the market is approached.