Strategy: Exit the Stage Right

While we at Lett Direct aren’t investment bankers or business brokers, I’ll share with you what we’ve learned during the years from working with catalog business owners wanting to sell their companies.

Timing is Everything

Knowing when to sell your business is directly related to the amount you’ll ultimately get for it. In my experience, most entrepreneurs wait too long to sell. Emotions kick in, and the best time to sell passes. Economic conditions change, or the profit picture changes, decreasing what the business is worth.