Selling your business is one of the most important, complex and emotionally challenging experiences you’re likely to face as an entrepreneur. You’ve got one chance to get it right – there are no do-overs – you’ve got to play it smart. There is a multitude of reasons as to why you should consider the input of an investment banker when selling your company.
- Investment bankers bring knowledge of potential buyers for a business along with expertise at structuring and negotiating business deals – often leading to more money for the seller.
- When selecting an I-banker, assess both the individual banker, and the firm he or she works for.
- To avoid misunderstanding and even litigation, negotiate the agreement you make with an investment banker.
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