The biggest mistake you can make might just be waiting too long.

Today’s question is: “What is the No. 1 mistake that owners make when trying to sell their business?”

There are many important things that you might be overlooking, including not keeping books, not building a great team that a buyer would want to purchase, or not preparing for the end. However, the No. 1 mistake that entrepreneurs make is that they stay in the business longer than they need to.

Many people know they should have exited years ago and that they’ve been burnt out for years, but they just hang on. Then when they come to us, it’s too late. 80% of the owners that call us have hung on to their business for too long, so it has become unsellable.

There are specific strategies and technologies that you can use to avoid all of the mistakes that entrepreneurs make. If you want to know what they are, visit my website here. I’d be happy to jump on a call and chat with you!

 If you want to make sure this, isn’t you, we’d be happy to jump on a call to discuss. Visit our Contact Us page and request a confidential, no obligation strategy call.