The Messy Marketplace: Selling Your Business in a World of Imperfect Buyers

About this book

The marketplace for small and midsize businesses is messy. Having peeked behind the curtain at over 10 000 companies this book aims to demystify the buyers the process and the inevitably emotional journey that is selling a company. Read it. Reference it. Share it. Think about what outcomes are important to you and why. Heres a cheat sheet: I want between $ and $ of cash as a financial result. (Youll have to pay off debt taxes and transaction costs. Also something is only worth what someone is willing to pay for it.) I want to work for years in my current position and am willing to consult with the company for years thereafter. (Its okay to say you want to stick with the company long-term or leave the day of closing.) Im looking for a buyer/partner that will take the role in the company. (Example roles include advisory board passive partner CEO and CFO.) The characteristics/values of an ideal buyer would be: My ideal timeline for a transaction would be but Id be happy to sell in years. My top non-financial goals are: