The decision to sell shouldn’t be taken lightly – don’t go it alone.
Selling your business is different from operating it. In many ways, it’s the same – you need to focus on what matters, hire a great team, and sell the opportunity. But while the broad strokes are the same, if you haven’t gone through an acquisition process before, having an experienced sounding board can help you move with the speed and confidence that a well-run process requires.
Maybe you’re getting more inbound buyer calls than in prior years, and are thinking about actually returning a few of them. Maybe you’ve got a walk-away number in mind and you want to know whether it’s achievable based on the current state of the business. Or maybe you’re committed to selling but just want to make sure you’re as prepared as possible for a successful process. The difference between a well-run process and a poorly run process could be millions of dollars in your pocket, or the business ending up in the hands of someone who doesn’t share your values.
I’m not a broker or a banker, and I don’t want to be one. What I want to be is your friend from the country club who happens to have some useful experience, minus the whole playing golf thing (unless you like disc golf, that’s more my speed).
Mount Philo Partners 