Do you know how much your business is worth?
Did you know that business owners typically need about 3-5 years to prepare their business for sale, and it can take up to a year to actually sell a business? In general, business owners are normally not educated about the process and what is important for them to do in the years leading up to a transition of ownership.
So what are you to do if you want to be in a position to sell your business?
Listen in as Jennifer interviews Cheryl Venezia from Murphy Business Sales of Madison where they talk about ways that you can start preparing your business for a possible exit in a few years from now and what steps you should be taking immediately if this is even a remote possibility.
About Cheryl: Cheryl Venezia spent her early career working in public accounting performing audits of large public companies. She then worked for almost 30 years at UBS PaineWebber working internally as an accountant within various divisions. Cheryl then decided to become a business broker in order to use her financial and interpersonal skills to help others achieve their goals.
Connect with Cheryl on LinkedIn or online at https://murphybusiness.com/madison/ to get your free initial consultation and $250 off your business valuation report.