What Is The Best Way To Sell A Profitable Business?

Buyers often look for businesses that can thrive with minimal involvement from the current owner. A company with clear systems, trained personnel, and documented processes reduces risk and increases buyer confidence. Key areas to address include:For example, if a business shows $2 million in annual revenue with $300,000 in earnings before interest, taxes, depreciation, and amortization (EBITDA), but the owner also runs $50,000 in personal expenses through the business, the adjusted EBITDA would be $350,000. ...