By Jeff Gau, Marco CEO – We’ve been buying businesses since 2005, and I feel like we’ve pretty much seen it all.
While revenue and profit are certainly important when determining valuation, there are other factors that buyers also consider and ways you can better position your business for sale, including:
Right-size your inventory.
If any of your inventory has had a birthday, odds are that it does not have value to potential buyers. Good inventory is typically less than six months old. This is generally a good practice, even if you’re not selling your business.
Read more factors.