For today's Insights and Opinions section--where we share useful advice, opinions, and more from the community--we have an article from attorney Jonathan Hodes, of Stubbs Alderton & Markiles LLP. Hodes talks about how you might position your company for a sale, and some of the things you need to do as part of that process.
In times of recession there is pent-up demand by entrepreneurs to sell their companies. Even in good times investment bankers will tell a seller that the company must be positioned for sale to be successful.
Because of the relative unavailability — or high cost — of outside funding for business acquisitions, your company needs to be positioned for sale now more than ever.
What needs to be prepared to position a company for sale? (Continued...)
Read the entirety of Jonathan's article in How To Position Your Company For A Sale.