DIY Selling Your Business Yourself Can Cost You 30%

It’s estimated that in the lower middle market, only 20% to 30% of companies that want to sell will successfully transition to new owners. The primary reason this percentage is so low is that business owners often try to handle a sale themselves or use an advisor with limited experience and buyer reach.

For most business owners, at least 80% of their net worth is tied up in their companies. This is their largest asset — with only one chance to sell it. Why would sellers want to risk their future by “learning on the job” how to sell their company?

Are you considering selling your business? The sooner you bring in an advisor, the smoother the M&A process can be. Contact Walden below to start planning.