Financial Tips

The Perfect Timeframe for Preparing a Company for Sale

Christopher Walker No Comments

A lot of business owners frequently put their blood, sweat and tears into a business over many years with the hope of giving a good existence for their family members and one day retiring on the heels of selling their business. Tens of thousands of business owners will make the decision to sell this year. Unfortunately, a great number of business owners will be behind the proverbial eight-ball if succession planning enters their thoughts for the first time at the moment they make a decision to sell. In reality, owners ought to start planning their exit from the first day of operations. Five years before the sale is the second best response as it will give owners the time necessary to bring their business to a valuation level required to obtain their retirement targets. At the very minimum, business owners need to think about their business exit planning three years before they want to sell. Read More

World headlines from the FT

Federal prosecutor takes over case on terrorism suspicion following London attack

President fails to reach deal with party hardliners on landmark repeal bill

Agents given jail terms for death of dissidents hurled from helicopter into Pacific

Long march to World Cup with clash fuelled by tension over missile defence system

Ukraine accuses Moscow of role in attack on witness in Yanukovich treason trial

Ankara protests after sniper in Kurdish-held area kills Turkish soldier

Sri Mulyani Indrawati rises to challenge she insists Jakarta must win

Joint FBI and Israeli police investigation lead to arrest of suspect in Ashkelon

Politicians’ traditionally cosy relationship with the press crumbles