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How to Handle Earn-Out Agreements in Business Sales
Selling a company can be an extremely complex process If you take the proper approach, you can maximize its value and ensure an easy transition. Here’s what you should know about how to buy and sell businesses efficiently. Get Your Business Ready for Sale Begin by reviewing your business’s current condition. Make sure that your financial records are in order and update your operational processes and improve the appearance of your company. Make sure you address any issues that could deter prospective customers. Find out the value of your business Do a thorough business valuation to determine the fair price for selling. Take into consideration factors such as profits, revenue…