In her newest article for Entrepreneur, Exit Factor President Jessica Fialkovich breaks down the five most important value drivers that help business owners maximize the sale price of their business. These include profitability, leadership independence, recurring revenue, progressive value, and scalable growth opportunities.
“Even a well-run business needs time to optimize profitability, leadership and systems that attract serious buyers,” writes Fialkovich.
She explains that building value takes time and that owners should start preparing three to five years before their target exit. By focusing on strategic improvements now, owners position themselves to negotiate from a place of strength later.
If you’re thinking about selling or want to increase your business valuation, this article offers a practical framework to help guide your planning.
Read the full article on Entrepreneur:
Want to Maximize the Sale Price of Your Business? Start with These 5 Value Drivers
