Top

What to Do When You’re Ready to Sell Your Business

December 26, 2017

Category:

In this video with Entrepreneur Network partner Business Rockstars, 1-800-Dentist founder Fred Joyal breaks down quickly what a business owner should consisder and do before selling a company. His first piece of advice is to get a smart lawyer who will be able to tell you exactly what will happen after the sale is made — you might think this is straightforward, but it isn’t. When you sell a company for $10 million, you might only ever see $5 million or $8 million, depending on the terms of the deal and whether you meet certain benchmarks.

Read More on Entrepreneur