Can you afford to sell your business? Is it the right time to sell your business?
Many business owners are emotionally attached to their business and the lifestyle that it affords and can put off the transition to new ownership for too long. Often we hear “if someone offers me a packet for it, we would go” but there are two questions that should be asked.
- Firstly how big a packet can you expect for the business?
- And, how much do you need for your retirement?
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*All prices quoted are exclusive of GST