Sell Your Business
There is a right way to sell your business and there is every other way. Our objective at TSG is to make sure you do it the right way. The right way is not a one size fits all approach. Every business has its own strengths, its own opportunities, its own dangers. Every business owner and entrepreneur has their own set of goals and aspirations for a sale and for what they hope the continuing company will be after a sale.
Our first step is to engage in a conversation about your goals and aspirations. Are you interested in taking some money off the table now towards a bigger pay day in the future or do you want to retire? Would you like to bring capital into the Company to help enable you to realize the full potential of your company or simply to relieve you of the stress of personally guaranteed debt? Would you like to monetize the company so you can move onto your next goal or do you want to pass the company down to the next generation or your management team?
You see, there are many reasons you may want to consider selling some or all of your company and the strategies and plans you put in place must be tailored to your specific objectives. There has never been a better time to sell your business. The world is awash in capital. It is estimated that the top 1,000 U.S. based nonfinancial companies alone have in excess of $1.8 trillion dollars cash on hand. Private equity firms continue to raise capital from investors looking for above average returns. Foreign companies and investors are looking more and more to invest in the U.S. and of course, venture capital firms are always searching for the next big thing.
At the same time, the competition for that capital is expected to intensify over the next decade. As the baby boom generation continues to retire, the number of businesses that will be available for sale will increase exponentially. Only the best companies will demand premium valuations. Premium valuations come to companies with the best business plans, proven track records of execution, above average gross margins and growing cash flows. We work with business owners and entrepreneurs who are already successful to help them achieve their goal of selling their business the right way. Read our Sale Client Profile to learn more about whether we would be a good match.
It is one thing to understand your business; it is another to understand how to reap its value. Sophisticated buyers know very well how to take advantage of business owners without a plan and without a negotiating strategy. Selling your business is not the time to try to learn new skills on your own. It is critical to get things right the first time. With our help, you will reap the value of your life’s work so you can move on to your next opportunity or enjoy your retirement with the financial security you have worked so hard to attain.