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Can you still sell a business when you don’t own all of it?

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The short answer is “yes”. But like anything else, it’s all about finding the right buyer!

Today, one such seller came into the office. He had completed the Sellability Score. He wanted to pursue a further conversation. He owns 60% of an established profitable business. He wants to get his equity out and doesn’t think the others partners can afford it. What to do?

We discussed a number of options, leaving him with some thinking to do and a few lifestyle decisions to make. At the very least, he will get us to do a valuation so that any potential buyer will know what they are buying into, from a financial point of view.

Whether we end up structuring the deal internally or externally, I’m confident he will utilise our services because he is confident we know what we’re doing, always the ideal place to start…

 

Related posts:

  1. you want to sell your business, or maybe you don’t really…
  2. Do you own a valuable business?
  3. #sellbusiness; What’s the Business You’re Selling, Exactly?

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