Avoid These Mistakes While Selling Your Healthcare Business

Avoid These Mistakes While Selling Your Healthcare Business

Selling any business can be daunting – but listing your health care business for sale can be even more so. Many sellers fall victim to basic mistakes, which end up costing them dearly. To help you avoid these unfortunately common mishaps, here are some to look out for & avoid doing it! (BBGV962021)

• Don’t wait until you are burned out or lost interest.

To sell a business requires the same energy and passion as growing it. Once you have lost that edge, and potential buyers will sense it quickly, the value of your business will trend down quickly. You should plan an exit strategy, and optimize your activities and timing to get top dollar.

• Refrain from telling associates that you are selling

It’s amazing to me how people always assume the worst. Especially if people hear rumors of your interest in selling, they will assume that you are fighting bankruptcy, being pushed out, or your personal life has fallen apart. Limit your disclosures only to business brokers, and serious potential buyers.


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