Most business owners who are looking to retire don’t expect their IFA exit to be easy but many are surprised by how difficult it can be to sell their business
It can be extremely hard to negotiate a good price in a reasonable timeframe, especially in the current economic environment
The majority of frustrations and challenges that IFA Business owners experience can be so easily avoided with a little upfront information about the pitfalls of selling an IFA Business
And trust me
You will want to arm yourself with as much knowledge as possible to avoid making mistakes that would inevitably have a significant impact on your IFA business sale
Well the key tips which can help you leverage a premium offer for your IFA Business
And give you peace of mind knowing you have checked off all the right boxes in the process are outlined here in our eBook The 3 Biggest Mistakes Made When Selling Your IFA Business
There are dozens of challenges to overcome, such as
Insufficient Preparation
Lack of preparation is by far the most common mistake that IFA Business owners make
Just like you would spruce up your house before hanging a For Sale sign in front of it the same applies to your IFA Business
Because in the early stages of an acquisition an acquirer will make a judgement on how much they think your IFA Business is worth and you want to be able to give them all the information they require so that they can make an informed decision
And ultimately offer you a premium price
You can learn all about how to get your IFA Business prepped to tip top shape and ready to receive those premium offers by clicking here to download the eBook
I cannot stress just how important it is to click here now to read our eBook because a lack of preparation doesn’t just apply to you either
Not carrying out reverse due diligence on potential acquirers is another mistake that IFA Business owners make
In fact did you know that over 70% of the IFA Sellers we surveyed admitted that if they had carried out that due diligence on the acquirer they would have found crucial evidence that actually they were nowhere near the quality of acquirer that they had made themselves out to be
You could easily end up making these same mistakes and I guarantee it will end up costing you greatly if you do
Best Wishes
Stephen Hagues
PS. Are you curious to know if your IFA Business is in the best shape
Our expert consultants are ready to speak to you if you are, click here to talk to us now
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