Can you keep a secret in a golf course? ๐ŸŒ๏ธโ€โ™‚๏ธ If you’re intrigued, you’re in for a revelation!

Let’s imagine selling a business is like playing golf.

Picture this:

  1. Selling your business confidentially is like a high-stakes golf match. Each swing is carefully strategized; you don’t let the competition know your next club choice. ๐—œ๐˜’๐˜€ ๐—ฎ๐—น๐—น ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐˜€๐˜„๐—ถ๐—ป๐—ด ๐—ฎ๐—ป๐—ฑ ๐˜๐—ต๐—ฒ ๐˜€๐˜‚๐—ฟ๐—ฝ๐—ฟ๐—ถ๐˜€๐—ฒ, ๐—ถ๐˜€๐—ป’๐˜ ๐—ถ๐˜?
  2. Disclosing sensitive info? It’s akin to taking a risk of hitting a long shot or playing safe with a putt. ๐—œ๐˜’๐˜€ ๐—ฎ๐—น๐—น ๐—ฎ๐—ฏ๐—ผ๐˜‚๐˜ ๐˜๐—ต๐—ฒ ๐—ถ๐—บ๐—ฝ๐—ฒ๐—ฐ๐—ฐ๐—ฎ๐—ฏ๐—น๐—ฒ ๐˜๐—ถ๐—บ๐—ถ๐—ป๐—ด, shielded by a confidentiality agreement as robust as a golfer’s focus during an intense game.
  3. Keeping your team focused during the business sale? ๐—œ๐˜’๐˜€ ๐—น๐—ถ๐—ธ๐—ฒ ๐—ณ๐—ถ๐—ป๐—ฒ-๐˜๐˜‚๐—ป๐—ถ๐—ป๐—ด ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ด๐—ผ๐—น๐—ณ ๐˜€๐˜„๐—ถ๐—ป๐—ด ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—ต๐—ฒ๐—ฎ๐˜ ๐—ผ๐—ณ ๐—ฎ ๐—ป๐—ฒ๐—ฟ๐˜ƒ๐—ฒ-๐˜„๐—ฟ๐—ฎ๐—ฐ๐—ธ๐—ถ๐—ป๐—ด ๐˜๐—ผ๐˜‚๐—ฟ๐—ป๐—ฎ๐—บ๐—ฒ๐—ป๐˜. Sidestepping the sand traps of rumors and the rough patches of fear is key to keep your business game on par.

Are you ready to sell? Get a free audit.

Get evaluated to see if your business is ready to sell or what you need to do to prepare. This 60-minute consultation with an experienced investment banker will provide invaluable advice at a critical juncture.

We will discuss the personal and business factors that determine when it is a good time to sell your business: what are some personal/family/health factors to consider, how much runway is needed from you and others on your team, where is your business in its life cycle, what does your current pipeline look like, including some low and high hanging opportunities.

Carin Canale-Theakston