Top 10 Mistakes When Selling Your Business
- Do not know the value of the business.
- Have an unrealistic price in mind.
- Try to sell to the wrong people.
- Do not understand the buyer's motive.
- Assume the best investor is local.
- Do not have proper team of advisors.
- Be first to mention price.
- Lack proper documentation.
- Do not position the company for sale.
- Do not plan for the sale.