There are 1,000 ways to optimize when selling your business — but there are also 3 major risks:
The 3 Exit Deal Killers
The "Owner Burnout" Problem
The exit process can be long and intense, especially if you have to run your normal business operations at the same time. It's easy to get overwhelmed, which can hurt the sale and your daily business results.
The "Deal Collapse" Problem
Selling a business is very time consuming. If you're learning on the fly, or if a deal collapses, or if you decide to change your exit strategy midway through — these can all result in months or years of your time down the drain.
The "Money on the Table" Problem
There's nothing worse than parting with something you've worked so hard to build, only to receive a lower payout than you deserve thanks to things like poor preparation, choosing the wrong buyer, or unforeseen market factors.