Not all businesses need to have cutting edge technology, but a company can’t fall too far behind. Buyers will be concerned if they must make a large investment in the latest technology to get the company to a competitive level.
A business owner should do the necessary research and purchase the technology to keep the company on par in its industry or be prepared to accept a lesser value for the business.
I help business owners exit on their terms, not by chance. As the founder of Transworld Business Advisors of Alaska and Greater Seattle, I guide entrepreneurs through confidential business sales, mergers, and franchise growth.
I’ve built, bought, and sold companies myself, so I know the grind, the risk, and the reward. For over 30 years, I’ve helped owners uncover what their business is truly worth, and what comes next.
Every business has a story. Mine is to make sure yours ends well, with purpose, pride, and the freedom to choose what’s next.