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Avoid These Common Pitfalls When Preparing to Exit Your Business

May 13, 2024Article
Los Angeles Business Journal

Corporate Partner, Eric Perlmutter-Gumbiner, authored, "Avoid These Common Pitfalls When Preparing to Exit Your Business" in Los Angeles Business Journal Trusted Advisors column.

Excerpt:

Ideally, preparing for a business exit begins three to five years in advance, leaving ample time for careful planning and the alignment of strategies to successfully support the exit. But that time can fly by, and during the final 12-18 months before a sale, there are almost always pitfalls that can delay or even halt the process. Below are nine trouble spots to look out for leading up to a sale. If you can address them proactively, you can reap the rewards of a smooth business exit.

Read the full article here.

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