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Companies are sold constantly.
When is it time for you to sell yours?
Knowing when and how to sell your company is without a doubt probably the most overlooked facets of entrepreneurship.
They just don’t teach it in business school, or quickly mention it in passing, as if such a thing is self-evident and could not quite possibly want for any detailed examination.

One area that does attempt an even more thorough look is accounting ethics.
Due to all the corporate scandals which have been regularly in the news, many professional licensure boards through the country are now needing ethics as a strong aspect of any continuing education credits earned.
Finding out how to legally and ethically sell your company has now become a matter that concerns your accountants also.

For it is the accountants who enable harassing practices which could mislead buyers or the public as a whole.
The CEO of a publickt traded company might have his or her accountants make things seem awful financially in preparation for a secretly prepared takeover.
With things looking bad due to the use of accounting gimmicks although the business is actually as sound as ever, the share price will decrease, allowing the company to be purchased at a great discount – with the CEO secretly rewarded to the melody of tens and even hundreds of millions of dollars.
Talk about knowing how to sell your company!

It’s not only private investors that are ruined by such accounting shenanigans; consider one of the most frequent scams perpetrated on the basis of the theory that private companies are usually more efficiently run than public ones: a public resource might be made to look inept and wasteful, leading to calls for its privitization.
The public officials in charge are then paid upon the finalization of the sale, and suddenly everything appears great again.
But things were never bad to start with; it was only through accounting sleight-of-hand that finances could have looked troubled in any way.