The CBB Group Shares Some Tips Regarding How Sellable a Business Is
Portland, OR -- (SBWIRE) -- 11/01/2016 -- How many business owners truly know the value of their business? How sellable is it in the first place? Do they have an exit plan that maximizes the value they will receive when they sell it? These are extremely important questions that any business owner thinking about selling their business absolutely needs to consider.
Seventy percent of all business owners in today's market plan to sell or pass their business on within 10 years. But 76% of them don't have an exit plan! On top of that, many do not even know the value of their business. A well thought out exit plan can offer the following:
- Protect the legacy of the business
- Build value for the business
- Provide financial security for the owner's family and the company's stakeholders
- Make it easier for all parties to deal with any un-expected events (illness, accident or death)
- Help to prepare the owner and their business for the future
The CBB Group makes it easy to learn the value of one's business and also has an extensive background in helping owners sell their business. It's as easy as picking up the phone and calling them at 503-233-8600 to begin the process.
Once an owner knows the value of their business, they can use it as a gauge how sellable their business is which allows them to focus on where to increase efforts within their business. After speaking with one CBB's expert advisors, they can generate a personalized report that highlights the following:
- What to consider when thinking of transitioning the business
- How sellable the business actually is
- The likelihood of receiving a premium offer, and what financial options there are
"We get excited every time we have a client who wants to find out the value of their business," shared CBB Group Founder Bill Billingsley. "It can be a truly positive and eye-opening experience for many owners who had never even thought of it before and they are more often than not pleasantly surprised at the prospects it offers them. At the very least, it tells them where they need to improve in order to increase value.
To find out more about the services offered by The CBB Group, visit thecbbgroup.com today and get started.
About The CBB Group, Inc.
Since 1999, The CBB Group, Inc. has been serving owners of privately held companies in the Pacific Northwest as trusted advisors. As a leading provider of business brokerage/merger and acquisition services, The CBB Group's mission is to ensure their clients success. Their team of trusted advisors work with our clients through each step of the transaction process – from creating a market for their business to working with other advisors, the buyer, legal counsel and through closing.
www.thecbbgroup.com
503-233-8600