Business Exits By Industry
Selling a Cast Stone Manufacturers Business
You've heard the naysayers - now isn't the time to sell a cast stone manufacturers business. But what they don't know is that many entrepreneurs see cast stone manufacturers businesses as a smart business investment.
Business buyers face their own set of frustrations and complications. Although there are plenty of entrepreneurs who want to buy a cast stone manufacturers business, capital restrictions are holding them back.
But at Gaebler, we see cast stone manufacturers 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.
Factoring In Economic Variables
Think a cast stone manufacturers business sale is simple? Think again. A combination of economic conditions and market sentiment can complicate your sale. But at Gaebler, we advise our business partners to look beyond simple economic data when determining whether it's the right time to sell a cast stone manufacturers business. A much better approach is to focus on the factors that always attract buyers and investors. When it comes to selling a cast stone manufacturers business, successful sales sales often boil down to the business itself - not the economy.
Tapping Into Business Networks
There are a lot of different places to look for cast stone manufacturers business buyers. To advertise your sale to the widest possible audience, consider a listing on BizBuySell.com or other top online business-for-sale listing sites. More focused prospects are typically found within industry networks. The downside of industry networks is that it leaves your company vulnerable to exploitation by competitors. Use good sense in restricting the flow of information within the industry and focusing your efforts toward trusted industry allies.
Seller Financing
Capital is hard to come by these days. Thanks to more stringent commercial lending requirements, sellers have become de facto lenders, providing the financing buyers need to get their feet in the door. Although 100% seller financing isn't recommended, sellers are financing up to 70% of the sale price to close deals.
Share this article
Additional Resources for Entrepreneurs