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Updated by Kari Baervahr on Jul 17, 2018
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How to Sell a Business

Are you a business owner planning to sell your company? Find out here all about change of ownership in businesses and learn why company owners expose their business ownership? Check this list on Business Owner, Owner, Selling Company?

1

Life after change of ownership

Life after change of ownership

When we work with a change of ownership, we start with the dreams, interests, family, plans after the change of ownership, etc. Once this is done, motivation comes to make changes. Life after exit is an important element of dialogue. Senior will take on new roles.

2

Few owners have experience in selling a business

Few owners have experience in selling a business

Serie entrepreneurs are not normal. Few owners have experience with disposal. In addition, consultants who provide this type of service can often be on-going. They want the transaction done quickly and efficiently. It is often easy to talk to other owners who have completed a change of ownership. Owners often listen to other owners. Business owners of small businesses rarely use consultants.

3

Major financial consequences of deferred ownership change

Major financial consequences of deferred ownership change

To delay the sale of the company for a long time can have major economic consequences for the owner and society as a whole. A reduction in earnings of NOK 100,000 means that the company's value is reduced by DKK. 500,000 (assuming the price of the farm is 5 X annual result). The value and marketability of SMEs quickly culminates. An active owner is often crucial for further profitable operations. Focus on daily running management tasks and operations can easily lead to lack of focus on ownership.