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Sell a Business · A Free Read

Should you sell — and are you ready?

Your number, the value gap, the day after, and the timing that gets the best price.

“Is it time?” is two questions in one: are you ready, and is the timing right? The owners who sell well can answer both — long before they call a broker.

Are you ready? Start with your number

Your number isn’t what the business is “worth” — it’s what you need to net, after debt, fees, and tax, to fund the life that comes next. Work backward from the life, not forward from a multiple. Then name your value gap: the distance between what the business would net you today and the number you actually need. No gap means you can be patient and selective — the strongest position a seller can hold. A gap means the real work right now isn’t selling; it’s closing it.

The day after

For many owners the business is identity and purpose as much as income. “What will I do, and who will I be, the day after it’s gone?” is not a soft question — cold feet at the closing table ends more good deals than price does, and preparation is the cure. If you have a spouse or partner, their readiness is part of yours.

Is the timing right?

Three clocks have to roughly align: your life, the business (ideally sold on an upward trend, not after the peak), and the market. You rarely get all three perfect — but selling into a decline or under duress is where the worst prices happen. Sell when you don’t have to, into strength.

Reality check: a large share of listed businesses never sell, and unreadiness is the usual reason. The fix is lead time — the readiness work below pays off only if you start it early.

Start free: the Seller’s Readiness toolkit

The “Are You Ready to Sell?” guide and the one-page Readiness Checklist — the worksheets that tell you whether you, and the business, are ready to sell well. Free, no signup.