Business Exits By Industry
Selling a Child Therapists Business
There is a lot of confusion about the best way to sell a child therapists business even if the seller has previous business sales experience. We'll tell you how to keep your sale and your future plans on track.
We hear it all the time: "I'm waiting until the economy recovers to list my business."
Eventually, it will the time will come to exit your business. When that happens, your future plans will be dependent on your ability to receive the highest possible sale price for your child therapists business.
How to Increase Sale Price
A successful child therapists business requires an investment of both time and money. A business broker handles much of the legwork involved in the sale. Solo sellers usually find that it's simply too much to sell their business and lead it at the same time. Subsequently, they settle for less than the business's potential sale price. For a lot reasons, a decision to hire a broker is almost always the right decision, especially for sellers who need to receive top dollar for their child therapists businesses.
Sweetening the Deal
Seller concessions sweeten the deal for buyers and are a necessary fixture in a sluggish economy. Concessions can consist of non-cash as well as cash incentives. When you've reached your limit on price, consider offering non-cash concessions to encourage a commitment from the buyer. A limited amount of training and mentoring may seem inconsequential to you, but to a young child therapists business owner, they can be critical launching points for their ownership journey.
What to Expect in a Child Therapists Business Sale
It's impossible to predict the emotional highs and lows you will experience during the sale of your child therapists business. Given your personal investment, you may also experience disappointment in the market's assessment of your company's value. Although it isn't easy, you can mitigate the emotional impact of a child therapists business sale by setting realistic expectations before you list your business.
Share this article
Additional Resources for Entrepreneurs