Hi there. I run a small with a 400K gross annual income and around 150K Net. The company is based in SE Europe with clients in the US.
If I am considering selling it, where do I start in the first place?
Hi there. I run a small with a 400K gross annual income and around 150K Net. The company is based in SE Europe with clients in the US.
If I am considering selling it, where do I start in the first place?
The first thing you should do is contract an accounting firm that specializes in business evaluations. If the number they come up with is one your are happy to sell for then sell it. If not you should build an exit strategy that includes maximizing the value of your business.
I know a great firm in the U.S. that can help with that if you don’t have one in mind. The thousands you’ll spend on the eval is well worth the info you’ll get from it.