Prepare your business to sell with key value drivers.
Are you a business owner thinking about how to prepare your business for sale?
Our Prep to Sell program will help you build the value of your business so you can receive the return you deserve.
The Prep to Sell program helps business owners prepare to sell a small business through proven consulting methods and 40+ years of experience. Prepare to Sell is for Colorado business owners who want to sell a business in 1-3 years to ensure they receive a great return on investment.
How do you prepare to sell?
Small business owners can answer the question, “How do I prepare to sell my business?” by addressing their company's financial performance to enhance its fair market value and by addressing potential buyer concerns and deal killers.
Exit planning is just as crucial in preparing your business for success as business planning. If you want to sell your company at top dollar, contact us to schedule a consultation with an expert business broker to begin planning the sale.
What to Expect When Your Business is Ready to Sell?
Prep to sell clients increased the valuation of their company by 30% and made it more attractive to buyers in Colorado.
Preparing to Sell Your Business
- Begin with a company valuation by an expert small business broker.
- Consult your wealth manager or tax planner to understand the return you require from a sale.
- Get your financials and processes in order and document them well. This will also add value to the transition later in the sale process.
- Know your numbers. You can’t build more value if you can’t track your progress.
- Consider your business as a buyer. How can you improve it to make it more attractive?
- Identify opportunities to build your company's value and make changes over the next 1- 3 years.
- Review all of your contracts and work with your attorney to make sure they are assignable.
- Remove yourself from daily operations so the company can operate without you.
- Build your advisory team with a reputable transactional advisor and attorney.
Why Should Small Business Owners Prepare to Sell?
Fair Market Value
A Colorado business is only worth what a buyer is willing to pay. What makes Prep to Sell different is that the program is built on current market dynamics to make the sale of your business a success. Transworld Business Advisors uses business valuation data based on our 40+ years of experience brokering businesses and working with thousands of buyers in the acquisition process - we’re experts in the business-for-sale market and put it to work for you to sell your company.
Key Value Drivers
The preparation to sell your business program and its critical value drivers are built on direct feedback from buyers telling us what they value in a business for sale and what they devalue. And because of Transworld’s continued hands-on involvement with Colorado businesses, so does the program if buyers’ needs change.
What Buyers Want
If you’re looking for a coach using ivy league theories to prepare a business for sale, Prep to Sell is not a fit for you.
What Do Our Clients Have to Say?
"Our participation in the Prep to Sell program helped change the direction and focus of our business. Our consultant was knowledgeable, thorough, fun to work with, and provided us with great advice.
Prep to Sell’s analysis validated many of our business processes and confirmed we were doing a lot of things right. Their recommendations provided a clear roadmap of areas where we could improve, which would result in added value to the business. For example, they suggested defining greater segmentation on revenue categories to really understand where sales were coming from, and also offered numerous options and recommendations for pricing of products that we had not considered. These recommendations were implemented in a short time period with great success.
I would highly recommend the Prep to Sell Program to any business owner who wants to get their business ready for sale.”
Medical Device Client, 2018
If you want to learn more about preparing your company to sell, please get in touch with one of our Colorado business brokers to schedule your consultation! Planning for a successful company exit now will prepare your company to provide for you when you sell your business. Transworld is passionate about serving Colorado small business owners. Let us put our passion to work for you in preparing for your future.
