Selling Your Business: Begin With the End in Mind

How can you ensure you’re prepared to exit your business under your terms – and avoid an “involuntary” exit?

It all starts with a plan – and you should start that plan much sooner than you think. Many young entrepreneurs try to sell too early, while many seasoned business owners tend to start the process too late.

The purpose of this book is to avoid an involuntary exit – and help you achieve success through the exit strategy you choose.

Learn the 5 alternatives to exit your business. You want to take control of your exit plan to make it a positive one. Otherwise, an involuntary exit can be enforced by 7 occurrences.

Selling a business is a job in and of itself – and the process could take years. You want to educate yourself on the process, the players, and how to plan for a successful sale.

The first day you start a business is the day you start planning. If you don’t have a plan for how to sell your business, you really don’t own a business – you own a job.

David King’s insightful Selling Your Business will help owners of privately-owned businesses prepare for this major milestone.

Although selling a business may be the American dream, common pitfalls along the way may leave you with far less than you expected – after a confusing, lengthy, and difficult process.

Start now and begin preparing, with the knowledge to get you through to the finish line. You’ll walk through the business sale process, with useful tips to help guide your decision-making before and during the sale.

You’ll learn:

• How to Start Planning to Sell Your Business on Day One
• How and When to Market Your Business for Sale
• The Lengthy Negotiation and Sale Timeline
• The M&A Team You Need to Sell
• Valuation and How to Boost the Value of Your Business
• The Letter of Intent
• The Purchase Agreement
• Major deal terms and concepts
• Financing the Sale
• Due Diligence

BONUS: includes sample documents:

• Reciprocal Confidentiality and Non-Disclosure Agreement
• Letter of Intent
• Due Diligence Request List

David King has represented companies and business owners in a broad range of industries and M&A transactions with his unique set of skills. He has worked as a CPA, corporate attorney, and M&A advisor, helping entrepreneurs to develop their business from formation to exit strategy.

David has worked on hundreds of M&A transactions as an attorney, M&A advisor, or CPA. He can help any business owner chart their optimal path to an exit and successfully close a sale for the top price possible.

#sellingyourbusinesswithdavidking

David King is an experienced professional who has represented companies and business owners in a broad range of industries and M&A transactions. He has worked as a CPA, corporate attorney, and M&A advisor, helping entrepreneurs to develop their businesses, from formation to their exit strategy. David combines skills developed in several professions with a firm understanding that technical issues should not supersede a seller's business objectives. As an M&A attorney, David earned an AV Preeminent Rating - the highest rating available from Martindale-Hubbell. David has represented businesses through their formation, governance, taxation, reorganization, acquisition, and dissolution. David practiced corporate securities law at Sidley Austin Brown & Wood on Wall Street and at Wilson Sonsini Goodrich & Rosati in Silicon Valley. In Silicon Valley, David worked on venture capital financings, initial public offerings, employee stock option plans, and mergers & acquisitions. On Wall Street, David counseled clients through public offerings of securities and international business transactions. David is licensed as a Certified Public Accountant, he worked as a senior accountant for Deloitte, and he earned the Elijah Watt Sells Award for his outstanding performance on the CPA exam. David graduated first in his class from the University of Florida's Fisher School of Accounting, and he earned his Juris Doctor with Honors from the University of North Carolina at Chapel Hill. He is a proud father of two who enjoys family and outdoor activities.