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#WhatWeLearnedThisWeek Want to sell your business for its true value? Start by avoiding common mistakes that can kill a deal. Many business owners overestimate their business’s value or make costly errors during the sale process. Morgan Tate, an experienced business broker, shared key insights during our recent Midday Connect session that can help you avoid these pitfalls. ✅ Owner Dependency: If your business relies heavily on you, it's tough to sell. Start delegating tasks and building a team that can operate independently. ✅ Muddy Financials: Keep your books clean. Avoid using your business as a personal piggy bank, which can confuse potential buyers. ✅ Unrealistic Valuations: Setting a price based on your emotional investment rather than market reality can scare away buyers. Price your business based on actual market conditions. These are just a few of the common mistakes that can turn potential buyers away. Ensure your business is sale-ready by addressing these issues early on. Want more tips on preparing your business for sale? Follow us for more insights and advice from experts like Morgan Tate. Watch the full session here: https://lnkd.in/gyH6EP3b #middayconnect #businessvaluation #exitstrategy #sellingsmallbusinesses

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