Many factors go into deciding what you ultimately want to do with your business.
Paul Latham suggests that there are typically two strategy options: growth (change) or destination planning.
If you’re unsure what you prefer, start by thinking about the 3 Ingredients of Business Success – Vision, Plan, and Desire.
Do you want to transition your firm to be a firm of the future? Do you have a vision of the firm you want to create, with a plan of how to get there – that you really want to make happen?
If so, making those necessary changes to become a more future-ready firm is what you should focus on.
However, if you lack the desire to make the needed adjustments to your business, then you should concentrate on maximizing the value of your current sale.
Paul is your guide as he walks us through how to prepare for an M&A and getting the most value for your business if you decide you would like to sell.