Smart Lawyers Position to Transition December Checklist: Positioning Your Law Firm for a Successful Sale
In this episode, host Victoria Collier breaks down actionable strategies for law firm owners preparing to sell their practices. With December here, it's the perfect time to take steps that can increase your firm's value and attract the right buyers in the new year. From updating financials to revamping marketing materials, this episode will guide you on what to prioritize to maximize your firm's sale potential.
What You’ll Learn • The Importance of Year-End Financial Updates: Why updating your valuation with the latest data is crucial to positioning your firm for sale. • Leveraging December to Prepare for a Strong January: Why now is the time to update your online presence, connect with your network, and plan for targeted ads. • Common Red Flags to Address: Key issues to resolve before marketing your firm to potential buyers. And much more!
“Updating your year-end financials isn't just important; it's crucial to showing buyers your firm's current trajectory.” – Victoria Collier
Victoria Collier is a seasoned attorney, entrepreneur, and expert in law firm sales and valuations. With a background in law and accounting, including her prior military service and CPA training, she brings a unique perspective on the financial intricacies of business valuations. Victoria helps transform law firms into more valuable and sellable businesses, guiding attorneys through life after law.
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