One of the questions I’m most often asked is how long will it take my business to sell? Trust me: I wish I had a magic crystal ball that could tell you.
Unfortunately, I don’t have a crystal ball and there’s not a simple answer to that question because you have to take so many things into consideration.
So let’s break down a few common questions to determine just how long it will take to sell your business.
Perhaps you’re just beginning to think about selling your business. If that’s the case, you’ve most likely heard rumblings about needing an exit plan coach to guide you through the process. An exit plan coach helps you get the most out of selling your business and holds your hand through the entire process of getting your business ready to sell and then actually closing the deal.
So why should you work with an exit plan coach?
Your business is more likely to sell.
Less than 13% of all small businesses are successfully transacted to a new owner. Working with an experienced exit plan coach ensures you have a knowledgeable partner guiding you through the common pitfalls of selling your business. An exit plan coach helps prepare your business for sale, helps negotiate the transaction, and overall guides you through the complex process of selling a business.
FOR IMMEDIATE RELEASE April 14, 2021
Kerrville, TX -- The international Business Brokers Association (IBBA) is pleased to announce that Katie Milton Jordan of Texas Business Buyers has earned the prestigious Certified Business Intermediary (CBI) designation. The CBI, which represents the gold standard in the business brokerage industry, is ghranted to individuals who complete required course work, pass an extensive competency exam, and agree to uphold the IBBA's Professional Standards and Code of Ethics.
When was the last time that you took a few minutes to consider who you look up to and why you look up to them?
Someone asked me this question the other day and just as I was about to throw out a few names and superficial reasons why just so I could move on and get back to the "real work", I took a moment to pause and genuinely consider the question.
Who do I look up to and why? If I'm honest, the last time I considered this question in earnest, I was a young adult trying to decide what to study in college. And frankly, at that age, a lot of people I admired were the same people everyone else admired. Could I really identify who I admired when I was still forming my own individuality as well as selecting what values would drive my life's work?
If you feel like the world has been turned upside down and everything's a little bit wonky, you are not alone. Welcome to the "new normal" post-2020 small business world.
As if it wasn't hard enough to navigate small business leadership under "normal" circumstances, we now frequently find ourselves wondering if we're living on another planet. Frequently I'm so speechless that I can only mutter an astonished, "we're living in wild times".
One of the problems small business leaders like ourselves are experiencing is not knowing which way to turn and how to stay grounded amidst all the turmoil. Although I don't have a magic pill that will solve these uncertainties for you, I do have a few hot trends you'll benefit from knowing about as you furtively navigate your small business leadership during 'unprecedented' times.