Chapter
Tips for Making Your Business More Sellable
22:44 - 27:22 (04:38)
Get your tax returns filed properly and consider separating different brands under one LLC to make your business more appealing to a wider range of buyers. It can also be beneficial for both buyers and sellers to consider the SBA lending option, which may require a larger down payment but makes the deal safer for the lender.
Clips
Having proper financials is crucial when selling your business, as it makes it more sellable to a broader audience and results in more favorable deal structures.
22:44 - 27:22 (04:38)
Business Finance
Summary
Having proper financials is crucial when selling your business, as it makes it more sellable to a broader audience and results in more favorable deal structures. This includes getting tax returns filed properly and having separate brands under different LLCs, as well as potentially qualifying for SBA lending options.