Business Advisory: Best Strategies for Selling a Medical Device Business
3/1/2002
This advisory examines ten key questions you should ask yourself in preparing your medical device business for sale. Questions discussed include determining who owns the key assets, who can assign contracts, and who can deliver key employees. Other questions addressed include, examining whether your company has skeletons in the closet, making sure that your applications are FDA compliant, developing credible projections, mending relationships with key customers and suppliers, reviewing ties to your independent distributors, determining the optimal time to sell, and obtaining the right advisors.
