A Systematic Process with a Singular Focus
CBankston exists to sell your business for as much as possible as fast as possible. It’s why we follow a process and it’s why we don’t “put it out there and see what happens.” I can already tell you what happens when you don’t have a process for selling your business: it never sells.
Our process for selling businesses centers begins with pricing, moves to establishing a time-table for exit, and then concludes with identifying buyers consistent with the seller’s objectives.
Does it matter?
Is it necessary that you have a systematic process for selling your business? Is it important that you have an idea of how your business will be valued – even if you don’t have an immediate time-table for exit? ABSOLUTELY!
Consider this: U.S. Trust (a subsidiary of Bank of America) reported that 67% of business owners surveyed have not established a formal succession plan.
http://www.ustrust.com/publish/content/application/pdf/GWMOL/USTp_ARGWF53F_2015-06.pdf
Is it any wonder that Tom West, author of the Business Reference Guide, estimates that 70-80% of businesses go unsold!
IT'S NEVER TOO EARLY TO PLAN TO SELL YOUR BUSINESS
Depending on your personal goals for exit or retirement, it could take as much as two or five or more years to prepare your business for sale. Other than never, when would like to find out the finish line is further away than you think. Call today to take the first step towards a successful exit.