Keep working hard! Few things are worse in a business sale than results dropping off before settlement.
Maintaining strong performance until the sale of your business is crucial. A drop in results right before settlement can jeopardise the deal by diminishing the perceived value of your business. Buyers closely scrutinize current performance, and any decline might prompt concerns about future profitability, potentially lowering your sale price or even threatening the transaction.
To avoid this, ensure your business stays on track by monitoring key performance indicators and addressing any issues promptly. A consistent effort not only reassures buyers of your business’s stability but also helps you secure the best possible outcome from the sale. Keep pushing forward until the deal is done, and you’ll significantly enhance your chances of a successful transition.