How to Avoid Being Nabbed by a Shark

It gives you anxiety and you try to ignore it, but you can’t.

You’ve been slugging it out for years in your business, giving it the best years of your life. At times you’ve practically lived at the office. Some years it felt like you were fighting a multifront war with customers demanding price concessions and increasing their delivery requirements, employees asking for raises, suppliers tightening terms and causing you headaches, and competitors aggressively trying to cut into your core lines of business.

This whole market-based economic system is competitive!

Despite all of this, you’ve overcome.

But you’ve still got your anxiety about the inevitable: your exit from your company. You’ve heard a few stories and you know that selling your company is just as competitive as making a buck in your industry.

In your day-to-day business, you know the market and you’ve played the game for decades. But in the market for the buying and selling of businesses, you know it’s an unfair fight. You know that someday soon you’re going to need to step into the ring.

So you can keep trying to ignore it. Or you can do something about it. For the same reason you seek legal advice from an attorney or investment advice from a financial planner, you can seek out advice on how to avoid getting nabbed by a shark.

If you are looking to exit your business on your terms and seeking expert advice, look no further than Doescher Group. We exist to advise business owners on this once-in-a-lifetime decision. Oftentimes, the best decision for the client is to sell to a shark, such as a private equity fund. With the right planning and implementation, we can position your business so the shark has to work for his meal. In the end, this approach done right will lead you to more fulfillment financially and non-financially when it’s all said and done. Reach out to Doescher Group to learn more.