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Selling a China, Crystal, and Glassware Repair Business
Although a china, crystal, and glassware repair business may not be completely recession-proof, the best companies can survive nearly any storm. All it takes is a strategy to identify solid prospects and convert them to buyers.
It's a fact: Successful business sales take time.
The economy hasn't squashed the market for china, crystal, and glassware repair businesses. And the ones that are commanding the highest price tags are the ones with sellers who are committed to the sale process.
Pre-Sale Checklist
The upfront time you investment in the sale of your china, crystal, and glassware repair business will pay big dividends at closing. Perhaps the most important pre-sale consideration is to right-size your expectations to the realities of the market. Once your expectations are in the ballpark, you can move on to making your business presentable to prospective buyers.
Negotiation Teams
Business sellers are sometimes surprised to find themselves in the position of negotiator-in-chief. When you sell your china, crystal, and glassware repair business, your business brokers may or may not be willing to conduct negotiations for you. Negotiation is a chess game, best played with the resources and backend support of a negotiation team. Good negotiation teams support sellers, giving them insight and advice about how to overcome buyer objections and drive the process forward to a successful conclusion.
Sale Costs
In a china, crystal, and glassware repair business sale, pricing is based on a number of factors, including the costs incurred during the sale. Good brokerage takes a 10% success fee off the top of the final sale price. Depending on your circumstances, you may also incur substantial expenses in hiring legal, appraisal and accounting professionals. Likewise, you'll need to consider how much it will cost to promote the sale as well as the lost time it will take for you and your team to navigate the sale process.
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