11/28/2023
Selling your business is a challenging task, even for the most experienced people. No matter how you present your business when going to market, it will be scrutinized by all buyers.
It’s important to consider the top value drivers buyers care most about when reviewing businesses to acquire. Knowing these will allow you to adjust or improve them before going to market. This is half of the value drivers we’ve compiled over the last decade. If you’d like to learn more about the other half, please reach out to us.
Earnings: Many business owners either sell when they just had their best year, or, when they’ve tapered off from growth and recently had a down year. Buyers want to see simple steady growth instead of jumps or volatility.
Industry Strength: Buyers tend to shift their focus on the type of business they want to acquire, based on industry trends. At the time of writing this, manufacturing, wholesale, distribution, tech, health, home services (trades), and E-comm are in high demand. Our last five businesses we’ve brought to market in these categories have received multiple offers.
Read more Value Drivers here: https://www.californiabusinessadvisors.com/marketinsight/valuedriverstosellabusiness