How to Maximize the Value of Your Business When Selling

In this video, Cory Strickland, Founder and President of The 86 Group, explains how to maximize the value of your business and what factors can influence your valuation.

Factors That Can Affect The Selling Price Of Your Business

There are several determining factors that can play a part in the value of your business. The top 6 influential factors are:

• Interest rates for the buyer

• Current Capital Gains tax rate 

• Demographics of where your business is located

• The current economic cycle

• Strategic buyer efficiencies

• Sell when the market is ready! This may be different from when you are ready. It’s always advisable to sell when the market is hot!