Business Exits By Industry
Selling a Color Copying Services Business
The business-for-sale marketplace has experienced no shortage of uncertainty over the past several years. But color copying services businesses haven't heard the news and are reporting steady action on the business-for-sale market.
According to the experts, there is currently a large volume of shadow inventory in the color copying services business market -- businesses that are waiting to be listed until the economy recovers.
If you're ready to move on, now is the right time to sell your color copying services business.
Realistic Expectations
Objectivity is a rare commodity in a business sale. Sellers typically overvalue their companies compared to the rest of the marketplace. Although it may be a hard pill to swallow, you need to find a way to introduce objectivity into your sale. A business broker can be a valuable resource in right-sizing your expectations and preparing you for market realities.
Finding Color Copying Services Business Buyers
It's difficult to predict where the buyer of your color copying services business will come from. Avoid pigeon-holing your search to a single buyer category. Although it's helpful to target promotional tactics to likely buyers, allow for some exposure to the broader market. Sellers should also recognize the value of promoting their sale in trusted business networks, carefully balancing the need for confidentiality with the promotional potential of their contact base.
Sale Costs
In a color copying services 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. Professional consultations can also represent a significant expense during the course of a color copying services business sale. Furthermore, your time has value, so you may need to include a personal compensation consideration in your expense estimates.
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