As business owners navigated the tumultuous last few years, it would be fair to say that more than a few contemplated selling their business. With the ongoing operating uncertainties, many owners have struggled to keep their eyes on the prize and, understandably, motivation and enthusiasm levels have waned. Whether the decision to sell has been brought about by the global pandemic, it’s time to hand the family business down to the next generation, you’re selling to a trusted employee, or finding a buyer on the open market, before you consider how much your business is worth, there are some steps that are essential to maximising its value.
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