The help of professional advisors, such as CPA’s, tax attorneys, financial planners and more, can be of enormous benefit to the seller, and can help the owner and their company get in a very good position when it comes time to sell. Working with a team of trusted professionals can help to make the preparation and transfer of ownership easier, on more beneficial terms, and ultimately generate a higher sales price for the owner.
If you’re looking to obtain the max amount of your sale proceeds in the form of cash, says Businessbrokercolorado.com, it’s important to make your business financeable. This can best be accomplished by having your records accurately reflect your company’s income, expenses and more, and the best way to do this is through a CPA. We recommend a detailed financial tracking system like QuickBooks combined with either compiled or reviewed financials by a CPA.