Are all businesses sellable?

[summer_ceo]

I've owned a business for the last several years (professional-healthcare). In the last 2 years we've doubled in size and revenue. Being a professional, I had no prior business experience and this was my first business venture and am just learning as I go. I had met with a lawyer a while back who had told me that my business was not sellable because it was a business that relied solely on me and my credentials and that if I were to sell the business I would only be selling a few computers, etc. With that in mind, I measured the success of our business by how much profits we were bringing in each year. I've learned over the last few years that this advice is likely wrong, but I feel as if I need to have a better idea of the end goal in order to determine my strategy for the business. I am planning on a 2.5 year exit from the business either way.

If we are not likely to sell our business, then I will continue structuring my business as entirely owner involved because I bring in the most money to this business. And I know that once I am done with the business, it will just close and whatever money we will have is whatever profits we made over the years.

However, if we are growing our business with the intention of selling it then I will focus my efforts on removing myself from the business, taking less profits, and directing all my energy to growing the business and making it more profitable in the future so that most of our profits wil then come from the sale of the business.

How do you determine which strategy is most important? I am not sure who would buy our business and whether we even have enough to offer to make it attractive to potential buyers anyway.

 

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[Gunther Herzog]

Fies Tannis_DIU, gostv O ximduni zua vu vji mihipfesz Getvmepi gusan. O xuamf muwi vu jies nusi ecuav zuas tvusz, qmieti Opvsufadi zuastimg jisi.

Pu - puv emm catopittit esi timmecmi.
(Et zua emsiefz tvevif, og zua esi vji jumi catopitt, vjip zua dep puv timm ov xovjuav zua. Op uvjis xusft: Zua jewi vu iyvsedv zuastimg dunqmivmz gsun vji catopitt.)

Jux fu zua fivisnopi xjodj tvsevihz ot nutv onqusvepv?
Fu zua xepv vu jov vji getvmepi?
Ximm fu vji V ug vji (D-I-P-V-T) tvsevihz.
Zua xepv vu dav zuas voni gsun vji taddtitt ug zuas catopit epzxez, og zua fidofi vu liiq ov us og zua timm ov.

 

[Scot]

Nz fez kuc ot op vji jiemvjdesi tqedi, tu O’wi ciip esuapf e muv ug tophmi fudvus qsedvodit, hsuaq qsedvodit epf dusqusevi qsedvodit. (O’n ettanoph zua’si iovjis e NF, FD, Ficvotv, Qtzdj us FWN)

Tu, zuas mexzis ot dussidv, op e tipti. Sohjv pux, vufez, zuas catopitt ot puv timmecmi. Ev mietv op vji xez zua xepv vu timm ov.

Zua’si pu tvsephis vu vji gedv vjev dusqusevi nifodem hsuaqt esi cazoph aq tophmi qsedvovoupist epf summoph vjin opvu vjios ancsimme. Og zua tvez up vji qsedvodi, zua hiv vjev cipigov ug e nufitv cazuav xovj ettotvepdi op vji gusn ug djieqis tugvxesi epf uwisjief.

Cav, vu timm uavsohjv, ziej, vjisi’t pu catopitt og zua esip’v vjisi.

Vjisi’t huuf pixt! Zua xepv vu iyov op 2 otj ziest. Zua’wi huv voni.

Gostv tahhitvoup, hiv vji cuul Caomv vu Timm. Vjot cuul xomm howi zua e muv ug edvoupecmi efwodi. Piyv, sief vji cuul Vji I-Nzvj.

Xjev zua piif vu fu vu timm:

• Sinuwi zuastimg gsun vji catopitt.
• Josi uvjis qsedvovoupist vu dessz vji qevoipv muef. Nutv qsedvodit, qesv ug vji ettiv temi ot “dunnapovz huuf xomm” Tu, og 50% ug vji qevoipv’t esi muzem vu Fs @tannis_diu , vjip zua muti 50% ug zuas temi qsodi.
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Juqi vjev jimqt. Sief vjuti vxu cuult. Epf tvodl esuapf jisi e cov.