Importance of Accurate Financials When Selling Your Business
When you’re preparing to sell your Internet business, you’ll have a number of things to consider and do. As you develop your exit strategy, one thing that you simply can’t afford to neglect is preparing accurate financial statements. While you can tell prospective buyers about your success, your financial statements are the proof that buying your website is a lucrative business opportunity, so you simply can’t underestimate their importance. Problems with the accuracy of financial statements can jeopardize any deal by: Ruining buyer trust – If a buyer believes that you intentionally withheld or falsified information, he or she may [...]