In Step 1: Planning, Mitesh dives into the critical process of preparing to sell your business. This stage involves working with wealth managers to assess your financial needs, lifestyle, and life expectancy to determine how much you’ll need post-sale, while also evaluating your company’s value and exploring strategies to maximize it for the transaction. By understanding these essential components of the planning phase, business owners can set the foundation for a successful exit. If you’re considering selling your business or seeking guidance through the M&A process, Blue Sky Law is here to assist every step of the way.