For many entrepreneurs, selling the company they built from the ground up is a lucrative opportunity that will set them up for retirement or their next business venture. However, a successful sale is not as simple as finding a buyer and signing some paperwork. There’s a lot of preparation and planning that goes into an acquisition, and any founder who wants to sell their company must be ready for that process.
Below, a group of entrepreneurs shared seven best practices founders should follow when they’re looking to sell their business. Follow their recommendations to ensure a smooth transition into the next phase of your career journey.