Snapped up: Why it's never too early to plan selling an advisory business

Many advisers build their firm with a view to selling it at some point in the future.  However, despite their best intentions, short-term objectives and the day-to-day running of the business often mean that advisers don't plan as effectively as they might do in anticipation of a sale. What should advisers be doing to ensure that their business is well-positioned for a sale?   1. Plan five years in advance (or longer) It is never too early to begin planning for a potential sale. We recommend that firms begin planning at least five years in advance in order to ensure all aspects...