Selling a business is not like selling a car. It is an ongoing process that can take a few years to complete. Not only must the owner find the right buyer, they must find a buyer at the right price, and someone who is willing to meet his terms. DO you want to remain with the company once the sale is complete? You must find a buyer who will meet your needs.
When Teresa Walsh, Bonnie Kelly, and Jerry Kelly decided to sell Silpada Designs to Avon, they discovered just how long this process could take. Although the company was sold last year, the process really began a few years before, reports USA Today.
To read the full, original article click on this link: Facing Tough Decisions Before Selling A Business - Business Opportunities Weblog
Author: Angela Shupe