Any good transaction takes into consideration the thoughts and mindset of the buyer. A realtor shows a house that has been stripped of personal touches so that the potential buyer can envision this house as their future home. Selling your transportation business should be the same, but we are not talking about taking all the personal photos off your desk. The Tenney group can help you recast your financials so that your business can be seen for what it really is and thus for its true potential.
Recasting Financials is a complex process but with a professional intermediary to guide you this could be the best thing for your selling process. The clutter that your accountant put into your financial report to get as many taxes back as possible were a smart idea at the time, but do not look attractive to your buyer. This stripped down approach will allow your buyer to easily compare prices with other potentials and to see what your true bottom line it. This way the buyer can easily envision his own business in place of yours when your personal expenses are taken off the table.
Sitting down an attempting to do all of this yourself is an overwhelming enterprise. Allow a Tenney group professional to make the process easier. Specializing in the luxury transportation business and known for getting businesses sold faster and for more profit are all reasons the Tenney group has excelled in their field. Trust them with the recasting of your financials and watch your potential buyers’ future come to life beside your own.
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