At Phoenix Business Advisors Business Brokerage, we believe that there is a right time and wrong time to sell a business. Often businesses are not in the best condition to sell for a high profit in which case business owners may find alternatives that may help improve the business in the meantime and grow the business to a point where it is profitable to sell.
We advise our clients to look at all internal and external factors when considering selling their business. Many owners consider selling their business for years but never prepare to take the actions necessary to have their business prepared to be sold to the new buyers.
There are many alternatives business owners can consider in the meantime while we assist them in their business exit strategy. This means fixing and improving areas of their businesses that are weak or can be optimized to adequate levels that will demand the highest asking price possible.