Selling a consulting business (2 posts)

Topic tags: consulting business, sale, selling
  • Profile picture of
    Scout
    said
    1 year, 5 months ago:

    At the tail of our careers, some of us might consider the possibility of selling our business.  Does anyone here have any insights about that process, particularly as it applies to a service business/consultancy?

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  • Profile picture of
    Club Leader
    Rich Brooks said
    1 year, 5 months ago:

    @bernsteincrisis

    I don’t have a lot of experience w/that, probably because I’m so young. ;P

    I do know that unless you have a big client base who are loyal to your company (as opposed to you personally) it will be a tough sell.

    It’s easier to value a company w/hard assets. If you were to stay on for a while that might make the transition easier, and increase the value of the company.

    @rich-brooks | # | Top

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