One thing that business owners may not think about as they make plans to sell their business is appearance, both interior and exterior.
A buyer isn’t just buying the books, they are buying the entire asset; building, customers, files, and the relationships. No one wants to buy a business with weeds growing everywhere, paint chipping and boxes of files piled in the corner.
A few ideas for improvement of your business might be:
- Spruce up the exterior of the building. A fresh coat of paint and clean windows always helps.
- Clean up any grassy areas and the parking lot.
- Organize shelving, desktop, and office space.
- Get rid of clutter and maintain a clean environment.
These ideas, along with showing good profitability, having qualified staff in key positions, and showing an upward trend can make a business look appealing to buyers.
Please contact me with any questions!