For many business owners, a sale to a third party is their assumed exit path.
Some business owners even start their businesses with the goal of finding a larger, more deeply pocketed buyer, selling the business, and retiring early. The potential to sell the business for cash draws business owners to third-party sales.
If you are considering a third-party sale, do you know the full scale of the planning you’ll need to do to get ready? Those who make plans improve their chances for a successful sale.
While it’s true that many business owners initially intend to pursue a third-party sale as their exit path, it’s also true that many of those same owners choose a different path in the end. There are four challenges you may face in pursuing a third-party sale that may cause to you change your mind, and some of them are unexpected.
Winner Announced Of 2023 Coastal Entrepreneur Of The Year Award
Cece Nunn
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May 31, 2023
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New Brunswick Water Plant Starts Pumping
Jenny Callison
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May 31, 2023
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Dosher Hospital Foundation Announces Endowment
Jenny Callison
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May 30, 2023
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Revamped Menu Nudges True Blue Butcher And Barrel Toward Original Vision
Miriah Hamrick
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May 31, 2023
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Shell Reappointed, Sosne Sworn In To CFCC Board Of Trustees
Staff Reports
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May 29, 2023
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The 2023 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.