{"id":561011,"date":"2019-03-25T16:19:32","date_gmt":"2019-03-25T20:19:32","guid":{"rendered":"https:\/\/vrbbd.wpengine.com\/vrbbgreenbay\/new-years-resolutions-selling-your-business\/"},"modified":"2022-01-31T12:42:42","modified_gmt":"2022-01-31T17:42:42","slug":"new-years-resolutions-selling-your-business","status":"publish","type":"post","link":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/new-years-resolutions-selling-your-business\/","title":{"rendered":"New Year\u2019s Resolutions & Selling Your Business"},"content":{"rendered":"
\"\"<\/p>\n

Most people fail to keep their New Year\u2019s Resolutions. \u00a0But where buying and selling a business is concerned, failing to keep those resolutions could mean an abundance of lost opportunity. <\/span><\/p>\n

Todd Ganos at Forbes recently penned a thought-provoking article entitled <\/span>The 8 New Year\u2019s Resolutions for the Sale of Your Business<\/span><\/a>. \u00a0In this article, he compares selling a business to getting in shape in the months preceding your visit to the beach. \u00a0It is necessary to do a great deal of planning and hard work if you want to be in good shape for the big \u201cbeach body reveal.\u201d<\/span><\/p>\n

When it comes to selling a company, Ganos believes that there are eight factors that must be taken into consideration. \u00a0Listed below are those factors he feels are a must for business owners looking to get their business ready for \u201cthe beach.\u201d \u00a0These are the eight factors that Ganos believes are most essential and should be on your New Years\u2019 Resolution list for your business:<\/span><\/p>\n

    \n
  1. Planning<\/span><\/li>\n
  2. Legal<\/span><\/li>\n
  3. Leadership<\/span><\/li>\n
  4. Sales<\/span><\/li>\n
  5. Marketing<\/span><\/li>\n
  6. People<\/span><\/li>\n
  7. Operations<\/span><\/li>\n
  8. Financial <\/span><\/li>\n<\/ol>\n

    In order to get your business ready, it is necessary to take a good long and honest look at each of these eight important categories. <\/span><\/p>\n

    Planning is at the heart of everything. \u00a0He points out that owners who truly want to get their business ready for the market will want to adopt a focused month-by-month plan. <\/span><\/p>\n

    This plan means having discipline, developing a business plan and involving your team in the development of that plan. \u00a0Once the plan has been developed, it should be reviewed with your leadership team each month. <\/span><\/p>\n

    New Years\u2019 Resolutions fail because they don\u2019t get properly integrated into peoples\u2019 lives. \u00a0And the same holds true for making changes in one\u2019s businesses.\u00a0 Ganos correctly asserts that in order to get your business ready to sell, you have to make it an \u201call-of-the-time thing\u201d in which you are constantly focused on success. <\/span><\/p>\n

    New Years\u2019 Resolutions have to be about doing things differently, having a plan and then sticking to these changes permanently.<\/span><\/p>\n

    Copyright: Business Brokerage Press, Inc.<\/a><\/p>\n

    mauscraft\/BigStock.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

    Most people fail to keep their New Year\u2019s Resolutions. \u00a0But where buying and selling a business is concerned, failing to keep those resolutions could mean an abundance of lost opportunity. Todd Ganos at Forbes recently penned a thought-provoking article entitled The 8 New Year\u2019s Resolutions for the Sale of Your Business. \u00a0In this article, he […]<\/p>\n","protected":false},"author":2,"featured_media":561013,"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":[3,2],"tags":[],"class_list":["post-561011","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-seller-articles","category-selling-a-business"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/posts\/561011","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=561011"}],"version-history":[{"count":0,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/posts\/561011\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/media\/561013"}],"wp:attachment":[{"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/media?parent=561011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/categories?post=561011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/tags?post=561011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}