It is difficult to imagine entering the market to sell your business in the midst of all of the uncertainty and anxiety created by COVID – 19.
Yet, in the not so distant past, the long running economic expansion had many business owners planning to enter the market to attract liquidity to recapitalize their business or to sell their entire business. For those business owners who have been contemplating a liquidity event, we encourage you to use this “pause” to assess and make preparations now, so that you may maximize value in a transaction once the capital markets stabilize.
What should a prospective seller undertake to be ready to enter the market when the market conditions are right?
CCA’s Pre-Transaction Readiness Assessment
If you are considering selling your company or a future liquidity event, we encourage you to take action now so that you are ready for when the opportunity presents itself post COVID-19.
For more information on how Chesapeake Corporate Advisors prepares our clients for a future transaction, [CLICK HERE].