Insights
Tips for Selling Your Business
Selling for Maximum Value
Start with the overview below. To watch the full eight-part series, complete the short form — a Booth & Company principal will follow up within one business day.
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Overview
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The Full Series
8 Tips for Selling Your Business
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Tip 1 of 8
What Is Your Why?
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Tip 2 of 8
Bring Your Family Into The Conversation
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Tip 3 of 8
Build The Right Team
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Tip 4 of 8
Be Ready For Curveballs
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Tip 5 of 8
Evaluate Your Industry Landscape
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Tip 6 of 8
Plan Your Succession
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Tip 7 of 8
Redefine Your Purpose
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Tip 8 of 8
Define Your Next Chapter Financially
The Checklist
8 Points, Side-by-Side
- 01
What Is Your Why?
Is selling actually what you want to do?
- 02
Bring Your Family Into The Conversation
Open, honest communication with family members about the future of the business.
- 03
Build The Right Team
Selling a business is a team sport, and having the right experts around you makes all the difference: engage a FINRA-licensed investment banker, hire a transaction attorney, and engage a tax advisor.
- 04
Be Ready For Curveballs
Alignment of the leadership team, confidentiality is critically important, and don't wait too long.
- 05
Evaluate Your Industry
Where is your industry today and where is it heading tomorrow? There are windows in time when it makes sense to sell.
- 06
Plan Your Succession
Buyers want confidence that there is leadership in place to carry the business forward, signaling stability and continuity.
- 07
Redefine Your Purpose
What happens after the sale? What does life actually look like after close? Be intentional about your next chapter — family, mentoring, philanthropy, or starting a new company.
- 08
Define Your Next Chapter Financially
What happens to the proceeds after the sale? Booth & Company can recommend thoughtful wealth managers and stockbrokers to preserve the capital you have worked so hard to build.
Ready to talk through your business?
Call 480-716-7768