So how long do you think that this current market frenzy will continue? asked Bill of his stock trader friend, Judy. That’s a good question, and everyone has his or her own right answer. Just ask them, said Judy shaking her head. I do know that if you are interested in selling your business, this is a good time to do it. Interest rates are low and overall market confidence appears to still be strong. Bill put down his coffee cup and started to pace the room. Clearly he was agitated, but Judy wasn’t sure about what. Okay, what’s wrong? she finally asked Just this. The markets might be ready, but I’m not or rather we’re not. I could sell the company now, but would probably only get a fraction of what I could get if we were ready. Bill went on to explain how the company’s processes were not properly documented, that the financial statements received some flags on the last audit, and that he hadn’t emotionally prepared himself or his staff for the prospect of selling. [download]
Format : Ebook.Chm
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