Good to see a few potential sellers putting their noses above the parapet!
If you’re waiting around to see if the business-sale market picks up use the time wisely by making sure:
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Everything that can be documented is documented – procedures, arrangements with suppliers, customer contracts,
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Key staff are happy with life at your business and not about to bolt off – you need continuity below you when you depart
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Marketing is pushing towards clearly articulating your competitive advantage. Buyers need to feel the business is unique and a cash machine!
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You don’t take your foot off the accelerator – you need to demonstrate the business is full throttle ahead and really going places
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Long serving suppliers are being nurtured but you have new products / services on your radar to show the growth potential.
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