Not every entrepreneur who builds a business from the ground up plans to “sell out” to venture capitalists and walk away. But once some of them see that long string of zeros at the bottom of a term sheet, they follow that route.
THE EO BLOG
Tagged: selling your business
By Steve Sarracino, EO speaker and vice president of American Capital Strategies.
Most entrepreneurs sell a business once, but private equity and strategic acquirers are pros at buying companies and structuring investments to their advantage. In fact, there are private equity firms that specialize in taking advantage of unprepared sellers. So what should you do? There are some simple steps you should take to position yourself to get the highest value.