As a solo entrepreneur, you know that running a company doesn’t have to involve dozens of employees or multiple locations. You might run your business from your laptop at your kitchen table or a small office in the middle of the city, but it’s still your own company!
Many solo entrepreneurs make the mistake of thinking it’s impossible to sell their businesses, but the truth is that you can sell your business with the right help and preparation. Use these tips to earn every dollar you deserve for your business.
In most cases, selling a business is not quick. You should expect your sale process to last anywhere from one to four years, depending on your situation. It’s vital that you plan ahead for the sale of your business in order to attract the best buyers and defend a high asking price. (more…)