Time, not timing will determine whether you get the most value out of your business in an exit. Being prepared for an exit is critical. Being prepared means knowing where your company is in regards to the market participants, identifying what you really need from your exit, and ensuring you have addressed all of the things a buyer will be looking for in a business.
Exit Planning is a disciplined planning and execution process that delivers an exit ready business that has aligned an owner's personal financial plan, their personal life after work plan, with their company plan to ensure they get what they need from a exit. A sellable business is not just about the financials, it just starts there.