{"id":2722,"date":"2019-09-19T10:37:13","date_gmt":"2019-09-19T10:37:13","guid":{"rendered":"https:\/\/channelislandbusinessbrokers.com\/?p=2722"},"modified":"2020-12-28T09:26:15","modified_gmt":"2020-12-28T09:26:15","slug":"tips-selling-your-business","status":"publish","type":"post","link":"https:\/\/channelislandbusinessbrokers.com\/tips-selling-your-business\/","title":{"rendered":"5 TOP TIPS TO CONSIDER WHEN SELLING YOUR BUSINESS"},"content":{"rendered":"\t\t
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5 TOP TIPS
\nTO CONSIDER WHEN SELLING
YOUR BUSINESS\n<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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UNDERSTAND YOUR MARKET<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Whilst it’s highly advisable to use the services of trusted consultants, you should also conduct your own research into the market, and don’t be afraid to use your own judgment and draw your own conclusions during any decision-making.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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PROTECT THE DOWNSIDE \u2013 AND THE UPSIDE WILL TAKE CARE OF ITSELF<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Whilst you need to be optimistic when engaging in the sale of your business, it is nevertheless also prudent to prepare for the worst-case scenario as anything above that scenario will be a bonus.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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MAXIMISE YOUR OPTIONS<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Keeping your options open when going into a deal can reap handsome dividends because no matter how promising a deal seems at first, it can soon change. Flexibility is essential to securing the deal that’s right for you.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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THINK<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\u2018Thinking big’ is a skill that many successful business people attribute to their success, with one famous business person stating, “if you’re going to be thinking anyway, you might as well think big.”<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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If you\u2019re looking at selling all of the business, the valuation will be based on what is left once you have gone. Therefore, it makes sense to transfer both your expertise and skills to the management team. Under your guidance, have them speak to your customers<\/p>\n","protected":false},"author":1,"featured_media":2723,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_wp_rev_ctl_limit":""},"categories":[1],"tags":[],"yoast_head":"\n5 TOP TIPS TO CONSIDER WHEN SELLING YOUR BUSINESS - Channel Island Business Brokers<\/title>\n<meta name=\"description\" content=\"Thinking about Buying or Selling a Business in Jersey or Guernsey? 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