Want to sell your business for maximum value? Build something worth buying.

Whether you’re starting a business or you’re an established business, you need to act as if your business is for sell right now.

Similar to selling your house, there are things you should do to maximize it’s value. Unlike selling your house, you can’t slap on a new coat of paint or replace the carpet to do it.

In order to maximize the business value there needs to be processes and systems in place to make the business more appealing.

Stewart Guthrie of The Liberty Group, talks about a few things a business owner needs to do to increase the business valuation. He also goes over the time it takes to get prepared to sell a business.