
If your business is in need of significant capital expenditures, should you go ahead and make them before selling? There isn’t an easy answer to this question, and you should always consult your business sale advisors to discuss the specifics of your company’s situation, the type of asset(s) in question, the level of investment, whether financial performance can be maintained without the investment, and the short-term impact on cash flow. If such decisions are made without consulting advisors, a seller may be shocked by the impact on their ability to sell.