Jeff Hornstein 5-30-18

Jeff advised business owners to do some preparatory work if they are considering selling their business. Ask yourself questions such as:
 
  • Are you prepared financially to move on to another business?
  • Why are you leaving (sickness, retirement, etc)?
  • Are you leaving/selling it to a family member?
  • Will you work as a contractor or employee for a while?
  • Is the business profitable enough to be attractive to a buyer?
  • What will you do with the money from the sale?
  • Will it be a lump sum or paid over time?
Don’t neglect to get the advice of other professionals such as a corporate attorney, accountant, business broker, and estate planning attorney before the sale.

Give Jeff a call whenever your business needs helps with legal matters.

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