How long does it take to sell a business?

The timeline for selling a business varies, but most sales are completed within 3 to 12 months of going to market. Several key factors can help speed up the process:

1) Maintain strong financials.

2) Step back from daily operations by building a strong management team.

3) Diversify your customer base.

4) Effectively manage your inventory.

Each of these steps makes your business more appealing to buyers and can accelerate the sale.