Owner dependency: the discount nobody mentions
If the business cannot run for a month without you, a buyer will price that risk in.
For owners planning to sell, hand over or step back
Exit route
If the business cannot run for a month without you, a buyer will price that risk in.
A plain-English guide to the main routes out of a private business, and what each asks of you.
Buyers want to know who runs the business after you leave. The answer takes years to build.
A management buyout can keep a trades firm's name and people together. It needs planning years ahead.