Are you thinking of selling your business, but not really sure where to start?
Do you have an Exit Strategy in place?
Selling a business is not as easy as selling a house. With a house you know what you’re selling - 3 bedrooms, 2 bathrooms, with a great view, in a popular location. There are probably several similar homes in the local neighborhood that you can look at for comparison and you can always call on the expertise of your local realtor, when considering a potential sale price.
When selling your business, it’s difficult to gauge exactly what you are selling. You may ask yourself: is my company valuable? Is my business sellable? What areas need improvement?
The Sellability Score can assist you in answering those questions. Sunbelt of Nashville has partnered with John Warrillow, author of “Built to Sell: How to Create A Business That Can Thrive Without You”, to offer our clients and friends this online tool.
How does it work?
You simply complete a brief online questionnaire to receive an immediate Sellability Score of between 1 and 100 for your business. You will also receive a 26 page report full of charts and graphs that will give you insights into how buyers evaluate your business.
In just 13 minutes, this absolutely free and confidential self-assessment tool will score your business in a number of key areas and tell you just how sellable your business is.
The report contains more detailed information on the eight key attributes of a sellable business and why these factors are so important.
You may not even be considering selling your business at this point; however completing the Sellability Score can help you to plan your exit strategy effectively. It can assist you to build/grow your business in such a way that, when the time comes to sell, your Sellability is maximized to its full potential.