In this video, Al Fialkovich, Managing Director of Transworld Business Advisors - Rocky Mountain, and, Andy Cagnetta, CEO of Transworld Business Advisors, explains what buyers are looking for in a business today at a presentation during the 2018 UFG World Expo.
Al highlights the importance of clean books and records and having a professional CPA or accountant keep these records while Andy chimes in on the types of expenses you can properly run through your business. Andy stresses that being in good standing with the IRS and on your taxes is really important when you're getting ready to sell your business.
Another discussion point Al and Andy bring into the conversation on making a business attractive to buyers is ensuring your location and business premises are in order. Al shares an anecdote about a business that actually had a toilet on their front lawn, and while funny, it really created some issues when trying to sell the business. In some ways, staging your business for sale, can be similar to staging a home for sale in this regard.
For more information on planning for a business exit and how to make your business attractive to buyers, visit www.tworlddenver.com.
What Are Buyers Looking For in a Business Today? - Al Fialkovich ibba crai | |
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| Education | Upload TimePublished on 30 Oct 2018 |
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