Trustmark Mergers & Acquisitions

Simple Steps to Sell a Business

Blog tagged as Simple Steps to Sell a Business

Getting Your Legal Affairs in Order Before a Business Sale

09.05.24 06:19 PM By MARK HERRMANN - Comment(s)
Getting Your Legal Affairs in Order Before a Business Sale
In the life-cycle of your business, there are few, if any, more important events than its sale and your exit. This is the culmination of years of hard-work and, as such, you should take all necessary steps to put yourself in an optimal negotiating position to maximize the value of your business.

How to Create an Exit Strategy and Avoid Costly Mistakes

29.04.24 02:15 PM By MARK HERRMANN - Comment(s)
How to Create an Exit Strategy and Avoid Costly Mistakes
If you're thinking about selling your business, it's important to have a clear and well-thought-out business exit strategy. To begin this process, you need to identify the elements that led you to consider selling your business in the first place.

How to Find Out What Your Business is Worth

27.02.24 06:12 PM By MARK HERRMANN - Comment(s)
How to Find Out What Your Business is Worth
Whether you’re buying or selling a business, it’s important to set your personal feelings aside to do a systematic business valuation. There are three best practices to valuing a small business.

How Long Will it Take to Sell Your Business

01.02.24 07:09 PM By MARK HERRMANN - Comment(s)
How Long Will it Take to Sell Your Business
That depends. We break down the median time based on market data of different businesses to understand what drives the timeline of typical business sales.

Exit On Your Terms

01.02.24 06:52 PM By MARK HERRMANN - Comment(s)
Exit On Your Terms
As the saying goes, the best preparation for tomorrow is doing your best today. But many business owners may not know what to do TO prepare. Recently UBS Investor Watch looked at business owners who now face headwinds from higher interest rates, inflation and political uncertainly.
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