So, where is that Pot of Gold?

That Pot of Gold will only be there for businesses that have been structured to sell – easy to read financials, profitable bottom-line, key employees in place, growing market, quality products and services – a whole host of issues. 

Business owners who are too aggressive on minimizing taxes and fail to show profits might be very disappointed in the value of their business when it comes time to sell. 

Business owners need to understand what buyers are looking for and need to put plans in place to get there.

Do you have small business questions you would like answered about this article or others?  Please visit www.VRWindsor.com or call 519-903-7807. 

William Sivell is a sales representative of VR Windsor Inc., Business Brokerage; his blog appears every Tuesday.