Have you heard of Vega protein?

If so, then you have also likely heard of its founder, Charlie Chang, who sold the company for $550 million. But what’s most impressive about this deal is not the total sum, but the strategic way he went about it. “Mr. Chang brought in private equity experts as partners for a minority position several years before the sale. The result was a far bigger valuation than if he had sold 100 per cent of the business in one transaction.”

If you ask the right questions, the result can be far more impressive than you can imagine. Here are five questions you should be asking yourself to prep long before the sale of your business.

*This was published a few years ago for the Globe & Mail.

Read the article here: https://tgam.ca/32yAJDZ