Set your business apart by focusing on the basics
Key value drivers for your business
Whether a buyer will pay premium price for a business depends on their perceived value. With this in mind, there are key value drivers that must be in place before an owner even considers beginning the sale process. These include: increasing cash flow, as well as having sustainable business systems, a motivated management team, a solid customer base and more.
This white paper outlines seven value drivers to help reduce risk and grow your business, potentially making it more attractive to potential buyers.
"It's a significant capital risk to buy a business, so a buyer will be very diligent in scrutinizing a potential acquisition—and all too often that target business is not ready to be scrutinized."
Mike Benedict
Business Transition Advisor at BOK Financial