Guidance from David Teoh and dedicated operational input

Everything looks rosy and you’re ready to sell. This is the moment you’ve worked so hard for, and all the sacrifice is about to pay off. One or more potential buyers is knocking at your door, and you’re excited about what’s about to unfold. Here are 6 common mistakes that people make.

Developing an exit plan. Ideally, you’ll sell your business at its peak. Too often, business owners don’t look far enough ahead. They don’t read the market effectively and panic-sell once their business is tanking. You want to maximise returns.

Fundraising is often daunting for business owners. Raising capital can allow the company to flourish, but finding the right investment partner can be time-consuming and difficult. Asking for money might be outside your comfort zone. Not asking for it can keep you small.