Top 10 reasons businesses don't sell

Take a look at the top 10 reasons businesses don't sell!

1. The price was too high.

2. Too much working capital would be required, ie: there is not enough cash to justify the perceived risk.

3. The Buyer couldn’t get finance because he couldn’t convince the lender the purchase was justified.

4. Poor financial record keeping.

5. Poor documentation of business processes and procedures.

6. The business was not packaged correctly.

7. Sellers won’t sell for what they think they can make in a few years.

8. The Business is too dependent on the Seller, ie: the owner does everything.

9. Management and employee not staying after the sale, eg: the business could be family owned.

10. Out dated service and/or products.

If this has happened to you or you’re just contemplating putting your business on the market – contact us

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