Sell Your Business 7 Steps to Higher Company Value

Thinking About Selling Your Company Next Year?    Prepare Now!
7 Steps to Higher Company Value:
  1. Don’t Push Income Out to Next Year on Your P&L
  2. Do Not Prepay Expenses
  3. Have Year End Books Completed by January 15th
  4. Do Not Buy Inventory until January 1st
  5. Do Not Buy Equipment until January 1st
  6. If Cash Accounting Make All Deposits Before Year End
  7. If Accrual Accounting, Invoice All You Can
While these steps in reverse are typically done to minimize taxes, use these same strategies to increase the net income and thus value of your company. Most Banks, Buyers and Brokers value companies on a weighted formula. The heaviest weighted year is the most recent year end. By implementing these strategies you can increase your net income on paper, thus a multiple applied to increase the selling price. Always, always, consult your accountant and broker. Develop a plan and time frame. You might even be able to file taxes after the sale, mitigating your tax burden further.
If you are thinking of selling your company I would love to be of service. I have been selling companies across the US and accomplishing my clients goals, for over 25 years. Call me personally to discuss your goals. My personal number is 704-999-9728.
Frank R. Davidson MBA,MEA,CMI,SBA
Principal & Senior Business Analyst
Certified Medical Intermediary
Davidson Business Investments
http://www.GoDBI.com

Biz For Sale 7.2 Million Rev Industrial Staffing

Industrial Staffing Business For Sale Frank Davidson Business Investments godbi.comAsking Price: $2,600,000

Gross Income: $7,200,000

Location: Mid South

Established, locally owned company with 3 locations has built an outstanding reputation providing employee services to 100 repeat client accounts. Industrial staffing business for sale offers on-site services for larger accounts, and with the amount of prospects, there may be an immediate need to expand! Check GoDBI.com Business For Sale tab for complete listing of businesses currently selling and details about each investment opportunity. If you find a company you would like further information about please complete the NDA and Frank Davidson will review and send the buyer package.