Remove Yourself - Remove a Major Barrrier

14 Feb 2017 12:18 PMTroy Potter
Remove Yourself  - Remove a Major Barrrier




A business is more attractive if its success is not solely dependent on the input of the

owner in terms of operational know-how, technical skill or personal relationships with

clients or suppliers. It is helpful to have a reliable management team to demonstrate

that the business will continue to be successful once the owner has left.


Most buyers expect the seller to continue working in the business for a period of two

to four weeks following the sale. Others prefer a longer period, which can be

negotiated and included in the Sale and Purchase Agreement. This sometimes

occurs when an owner is a critical part of the business. In some cases, a business

owner may wish to stay involved in the business indefinitely.


For a full appreciation of the business Sales process please download our free ebook - link below.

                                          Managing the Sale of your Business