Now Is the Time to Start: Because Selling a Business Takes Longer Than You Think.
The most common regret we hear from sellers is not about price. It is about time. "I wish I had started a year earlier."
Selling is a process, not an event
A well-run business sale usually takes six to twelve months from preparation to completion, and longer for specialised or larger businesses. Preparing your financials, normalising earnings, tidying contracts, and reducing owner dependence all take time, and every one of them lifts your final price.
The cost of waiting until you have to sell
Owners forced to sell by ill health, burnout, a partnership breakdown, or plain fatigue negotiate from the weakest possible position. Buyers sense urgency and price it in. The owners who achieve the strongest outcomes are the ones who began preparing while the business was still performing and they were under no pressure at all.
Starting early costs you nothing
An early conversation with a broker does not commit you to selling. It gives you a realistic value, a list of the things worth fixing first, and a timeline you control, so that when you are ready, you are genuinely ready.
Small changes, made early, pay off
Many of the improvements that lift a sale price cannot be rushed in the final weeks: tidier financials, less reliance on the owner, a documented second line of management, cleaned-up contracts. Start eighteen months out and each of them has time to become part of how the business actually runs, which is exactly what a buyer pays a premium for.
There is no downside to starting the conversation early, and every advantage to it. The owners who sell best are almost never the ones who decided to sell last month.
Whether you are considering selling your business, need a professional business valuation, or are looking for your next acquisition opportunity, our experienced business brokers are here to assist. Contact us at aldes@aldes.co.za or visit www.aldes.co.za to take the next step.
