I’m Ready to Retire, How Do I Get Value Out of My Business?

What you want to consider when you are getting ready to retire, with respect to your business, is who your potential buyers are. Getting the right buyer is going to get you the most value out of your business, so consider whether you are looking for a third-party buyer, whether you have a child in the business who might take over, whether there are employees who might take on the business, or whether your business is one of the types that you simply maximize the income for as long as you can and then throw the keys out when you are done.

© 2014 Parsonage Vandenack Williams LLC

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