Orlando, FL business attorney Jim Flick discusses when and how you should prepare to sell your business. He points out that a business owner who plans to sell their business should start the planning process three to five years in advance. During this period, the owner’s team of advisors can work on improving profits, making necessary changes to the office and policies, addressing any deficiencies in entity documents and procedures, and ensuring that the business is in its best form for a successful sale. This preparation can lead to the best possible price and terms for the business owner when they go to market with their business.