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Questions to Ask When Selling a Business

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Ralph DiLeone of The DiLeone Law Group, a firm focusing on business law, mergers and acquisitions and estate planning, discusses what business owners should consider before making the decision to sell.

Ralph stresses that unless a business is properly prepared, it will be extremely challenging to sell rapidly. With proper planning, a business will be more attractive to potential buyers. Ralph urges business owners to ask themselves several questions before making the decision to sell, such as:

  • How established is your business?
  • Will a buyer want to keep the current management team in place?
  • Do you have contracts in place?

Chuck Norman, APR, S&A Communications

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