Options and Tips for Selling Your Business
In this Lavelle Law Minute, Kerry Lavelle shares advice he’s given business owners for years about selling a business and getting the most value from the company they’ve spent their careers building. Business owners should begin preparing when they enter the “red zone” before retirement - not wait until they’re ready to retire. That means getting financials in order and considering the best path forward, whether that’s selling to family, transitioning to the next generation of employees, or selling to an outside buyer, such as a strategic buyer or private equity firm.
If you are considering selling a business or planning for succession, contact Kerry at 847-705-7555 or klavelle@lavellelaw.com.
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