Business owners find their motivation in varied things. Commercialize a pioneering methodology. Be one’s own boss. Prove naysayers wrong. Provide a great place for people to work.
While every entrepreneur has his or her unique set of goals, virtually all share one in common — to one day sell for a boatload.
How much? Well, more is better. And so the question every business owner asks is: “What can I do today to maximize the eventual sale price of my business?”
For owners of large and midsize companies, need for liquidity does not have to be an all-or-nothing decision. It really isn’t like the famous song by The Clash:
“Should I stay or should I go now? If I go it could be trouble. If I stay it could be double.”
When business owner(s) need or want to take big money home, they have options.