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6 Things to Do Before Selling a Business | Mergers and Acquisitions (Mu0026A)

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Brett Cenkus

#mergers #corporatelaw #sellingabusiness

In his work as a corporate attorney and M&A broker, Brett appreciates the urgency a business owner has to sell their business as quickly as possible and for the highest dollar amount. Oftentimes, there are things that could have been done months (years, even) before they were ready to sell in order to attract more buyers and demand a higher sale price.

The most important takeaway is to look at your business with the scrupulous eye of a potential buyer who may or may not believe everything you are advertising your business to be.

In this video, Brett shares six action items that can make or break your deal and that are completely within your control.

Here's a breakdown in case you want to jump around:
1:21 #1 Get your back office in order
3:49 #2 Clean up your financials
6:14 #3 Eliminate unknowns & resolve open matters
11:12 #4 Systematize your business
12:46 #5 Establish recurring revenue & growth opportunities
17:19 #6 Consider your advisory team


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Have questions? Book a call, and talk to Brett today:
https://clarity.fm/brettcenkus'>https://clarity.fm/brettcenkus

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You can reach Brett through:

https://clarity.fm/brettcenkus'>https://clarity.fm/brettcenkus
  / brettcenkus  
  / bcenkus  
https://www.cenkuslaw.com
https://braatenwoods.com
https://mergerresources.com


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Brett A. Cenkus has 20+ years of experience in business law, finance, and entrepreneurship. Through Cenkus Law, PC, he provides advice and services for mergers & acquisitions (M&A), securities offerings, founders’ agreements, and other general business law issues.

Through Braaten Woods, LLC, Brett helps business owners in the lower middle market ($2MM $25MM) position themselves for sale, find buyers, negotiate, and close M&A deals.

Brett also maintains mergerresources.com, a site packed with free articles, videos, checklists, deal diagrams, template contracts, and other tools to help pass M&A knowledge to others.

Brett regularly consults with entrepreneurs and invests his own capital as an angel investor.

From 20102013, Brett served as Chief Legal Counsel of a publiclytraded international oilfield services company. From 2001 to 2006, he and a partner founded and built Paragon Residential Mortgage. Bridge Investments acquired Paragon in 2006.

Brett holds a Juris Doctorate from Harvard Law School and a Bachelor of Arts degree in Economics from Messiah College in Grantham, Pennsylvania.

Brett lives in Austin with his wife, Cathryn, and two children. He enjoys reading, squash, classic movies, great food and wine, and the New England Patriots.

posted by valounekzk