The first and most important rule you should understand when it comes to transferring your business is that it is a process, not a transaction. If you are hoping to maximize the value you’ll receive for your business, the process might take a few years.
The best results come from comprehensive strategic planning including:
When these strategic plans are implemented, business owners will have the option to exit their business, on their terms and for the price they desire. However, like any other process, it can be defined and understood, provided you are working with the experienced business law attorneys at Epiphany Law.