How to help a client who wants to sell their business. (Hint: It’s about them, not you.)
By Ed Mendlowitz
202 Questions and Answers: Managing an Accounting Practice
QUESTION: I have a client who’s thinking of selling his business, and he asked me to recommend a consultant to help him get his business in shape to sell. I am afraid that if he finds someone on his own I’ll lose control of the client. He might end up not selling and I could lose the client. I do not know anyone to recommend. What do you suggest I do?
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ED’S RESPONSE: I suggest that you decide what is best for the client and proceed that way. You can find consultants by contacting other CPAs, attorneys, or business brokers that work in this area.
However, I also think that this is something where you can probably do most of the work yourself or through your firm. It is not a magic process, but a four-part process.
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