{"id":560731,"date":"2014-01-07T19:08:57","date_gmt":"2014-01-08T00:08:57","guid":{"rendered":"https:\/\/vrbbd.wpengine.com\/vrbbgreenbay\/considering-selling-things-consider\/"},"modified":"2022-01-31T12:43:57","modified_gmt":"2022-01-31T17:43:57","slug":"considering-selling-things-consider","status":"publish","type":"post","link":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/considering-selling-things-consider\/","title":{"rendered":"Considering Selling? Some Things to Consider"},"content":{"rendered":"<ul>\n<li>Know what your business is worth. Don\u2019t even think about selling until you know what your business should sell for. Are you prepared to lower your price if necessary?<\/li>\n<li>Prepare now. There is an often-quoted statement in the business world: \u201cThe time to prepare your business to sell is the day you buy it or start it.\u201d Easy to say, but very seldom adhered to. Now really is the time to think about the day you will sell and to prepare for that day.<\/li>\n<li>Sell when business is good. The old quote: \u201cThe time to sell your business is when it is doing well\u201d should also be adhered to. It very seldom is \u2013 most sellers wait until things are not going well.<\/li>\n<li>Know the tax implications. Ask your accountant about the tax impact of selling your business. Do this on an annual basis just in case. However, the tax impact is only one area to consider and a sale should not be predicated on this issue alone.<\/li>\n<li>Keep up the business. Continuing to manage the business is a full-time job. Retaining the best outside professionals is almost a must. Utilizing a professional business intermediary will allow you to spend most of your time running your business.<\/li>\n<li>Finally, in the words of many sage experts, \u201cKeep it simple.\u201d Don\u2019t let what looks like a complicated deal go by the boards. Have your outside professionals ready at hand to see if it is really as complicated as it may look.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Know what your business is worth. Don\u2019t even think about selling until you know what your business should sell for. Are you prepared to lower your price if necessary? Prepare now. There is an often-quoted statement in the business world: \u201cThe time to prepare your business to sell is the day you buy it or [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-560731","post","type-post","status-publish","format-standard","hentry","category-seller-articles"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/posts\/560731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/comments?post=560731"}],"version-history":[{"count":0,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/posts\/560731\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/media?parent=560731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/categories?post=560731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/tags?post=560731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}