Hiring an advisor can be expensive, and many operators feel like they already know who their likely buyer should be. Often times operators feel like they know their company the best, and want to handle the entire process themselves.
When it comes time to evaluate the need for hiring an advisor, here are some questions to ask yourself:
If you have identified yourself as the primary person who can master all of the above tasks, the final question to ask yourself is- who will run the rest of my company while I’m tied up trying to sell the assets?
Selling a company is a full-time job that takes professional experience. Although we believe in our experience and track-record selling assets in the industry, we strongly advise any potential seller to consult an advisor they fell most comfortable with whenever they’re ready to sell.
If you’d to have a confidential conversation with a trusted advisor at Stark Capital Solutions about the idea of selling your billboard company, we’d like to schedule a time to talk to you:
Contact Stark Capital Solutions
Author’s Note: Chris Stark has been in the Billboard/Communication Tower Industry as a lender and advisor since the late 1990’s. The following blog information is intended to highlight his experience inside the industry and provide value to independent operators. The following information is based solely upon the experience of the Author and should not be used for legal or financial advice.