Episode 112 - How to Sell a Business

After years of success, it is time to sell your small business. In this episode, Dena Jalbert, founder and CEO of Align Business Advisory Services, shares with Carol the steps that should be taken prior to putting a business up for sale, factors that should be considered in developing an exit strategy, determining how much a business is worth, as well as mistakes that people often make when selling a business. Dena considers the advantages of using a business broker, as well as the professionals who should be consulted prior to the listing of the business for sale and the pros and cons of the different ways to structure the sale of a business.