INSIGHTFUL TALK BY DAN MESSINA ///
? l l e S I d Shoul
I
f you survived 2020, how many companies asked the big question, is it time to sell. If you are in that position there are a few things you should know. When I owned my company we had a good business and my wife and I thought we might want to sell the company. We invited a big company
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Tow Professional | Volume 10 • Issue 2
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that purchased tow companies to look at us and make an offer. The good news is they did; the bad news is they offered almost nothing for the company. There is pride in ownership and everyone thinks their company is worth millions and needless to say we were very disappointed in www.towprofessional.com
their offer, but we learned from the experience. They showed us what we had to do to prepare to sell for a good price. Over the next 2 years we worked on making our company a good buy. We did things like: 1. Pay off debt 2. Make sure our service was good 3. Hired the right people
