Preparing to Sell your Language Business – Preparation: Mental and Practical for the Seller - Language Transactions

Preparing to Sell your Language Business – a Series

Preparation: Mental and Practical for the Seller

Mental

Why do you want to exit?
What will you do?
What are your financial requirements?
What are your future goals/projects?
- Case Study: Owner, over 70, backs out of deal 11^th hour. Says wife of 40 years does not want him home full time.

Practical

Prepare your financials/marketing brochure
Revenue, expenses, net profit, adjusted EBITDA—last 3-5 years
Revenue by top 5 accounts—last 3-5 years
Confidential Brochure—highlighting unique attributes, financials, verticals
Pricing preparation and defense

Next in the Preparing to Sell your Language Business Series: Seller Pricing Variables

Michael Klinger has 25 years of experience in the globalization industry. He speaks five languages. He started as an interpreter and translation project manager. He established and grew the globalization staffing & localization outsourcing businesses at Winter Wyman Contracts which became COMSYS. He helped find ‘sellers’ for COMSYS in the language field. He started Anzu Global and Language Transactions where he grew the language brokerage services business.

www.languagetransactions.com

mklinger@languagetransactions.com

+1 (978) 429-8014