What Is the Magic Price You Could Get For Selling Your Agency?
Most business owners are too busy in the business to even think that a company is looking to buy exactly what they have, but companies are looking to buy your agency right now. However before you go to sell your agency, you need to understand and chat with an experienced person in valuing and selling your agency.
Here are the top factors that impact the sales price of your company:
- The total profits and revenue for the past three years.
- The ability to verify the financials and the quality of financials.
- Will the owner remain in place for an extended period after a sale?
- Can the business survive the exit of the owner?
- What’s the 12-24 month forecast for the business, industry, and overall economy?
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