Business Exits By Industry
Selling a Cable, Conduit, and Poles Contractors Business
Is the economy still a little shaky for a business sale? Sure it is. Yet cable, conduit, and poles contractor businesses haven't been deterred. In fact, we think this economy is a ripe environment for a cable, conduit, and poles contractor business sale.
We hear it all the time: "I'm waiting until the economy recovers to list my business."
But at Gaebler, we see cable, conduit, and poles contractor businesses still selling at a brisk pace. Like always, unprofitable and poorly positioned businesses struggle to find buyers while sellers who have invested time and effort to prepare their sale are being rewarded in the marketplace.
Timing Your cable, conduit, and poles contractor business Sale
When is it the right time to sell your cable, conduit, and poles contractor business? If you're asking the question, now may be the time to put your business on the market. Some experts are telling cable, conduit, and poles contractor business sellers to put their plans on hold until the economy fully rebounds. We aren't nearly as pessimistic about the cable, conduit, and poles contractor business marketplace. With so many sellers holding back, there isn't a lot of inventory out there and you may be able to get a great price for your practice depending on how well you prepare the business and your ability to execute your sale strategy.
Equipment and Inventory Concerns
Buyers typically perform an independent appraisal of your cable, conduit, and poles contractor business's inventory, equipment, and physical assets. Most sellers, however, conduct a pre-sale appraisal to gain an accurate gauge of asset value prior to negotiations. A pre-sale appraisal is a prerequisite for because it offers insights about your assets' market value before you initiate conversations with prospective buyers. During your appraisal process, you should also note the condition of your assets. Cost-effective repairs can then be made before your list your cable, conduit, and poles contractor business.
The Best Person to Sell Your Cable, Conduit, and Poles Contractors Business
An unassisted business sale is a double-edged sword. Without a doubt, you have the most at stake in the outcome of your sale. That makes you the most passionate advocate for your cable, conduit, and poles contractor business in the business-for-sale marketplace. But your knowledge and personal insights about the cable, conduit, and poles contractor business are also the problem. Nearly all sellers have an inflated sense of their company's value. At a minimum, conduct an independent appraisal of the cable, conduit, and poles contractor business to gain an objective sense of fair market value.
Share this article
Additional Resources for Entrepreneurs