Transitioning ownership is a major undertaking, and you want to make sure it’s a success for everyone. Putting your financials in order now can help ensure that you’ll have a more profitable sale and easier change of ownership.
In this LBM Journal article, BlueTarp CEO Scott Simpson shares three key aspects of the transaction, their importance, and how you can strengthen your company in each area. They include:
- Reducing risk and uncertainty
- Improving value
- Providing continuity
Creating a plan now can ensure that your company will be positioned to make a profitable and successful transition when you’re ready.
About the Author
Scott is president and CEO of BlueTarp. He has spent the majority of his twenty year career in financial services helping businesses grow more rapidly through the effective use of credit.More Content by Scott Simpson