Business Exits By Industry
Selling a Commercial and Industrial Appraisers Business
Most businesses are susceptible to economic conditions and commercial and industrial appraisers businesses are no exception. But in some cases, a down economy can actually improve saleability. All it takes is a strategy to identify solid prospects and convert them to buyers.
You've invested too much in your commercial and industrial appraisers business to let it be sold for less than its worth. But unless you adequately prepare for the sale, some lucky buyer may walk away with a huge discount.
Yet what many sellers don't appreciate is that a down economy can present the perfect opportunity to sell a commercial and industrial appraisers business.
Selecting a Broker
Good business brokers inevitably produce better business sales. In the commercial and industrial appraisers business industry, experience is a must-have characteristic for qualified brokerage. The best brokers should also come with a list of references, a demonstrable track record and a proven plan for selling commercial and industrial appraisers businesses.
What to Expect in a Commercial & Industrial Appraisers Business Sale
It's impossible to predict the emotional highs and lows you will experience during the sale of your commercial and industrial appraisers 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 commercial and industrial appraisers business sale by setting realistic expectations before you list your business.
Selling to a Family Member
The idea of passing a business along to a family member sounds idyllic to many business owners. in reality, a family-based commercial and industrial appraisers business sale can be more complicated than selling to a stranger. Often, a sale to a family member creates fractures within the family. Whether you offer the family member special concessions or not, either the buyer or other family members may take offense. Although it may seem odd, a sale to a family member can take longer than a sale to a stranger because it may take time to work through family issues prior to closing.
Share this article
Additional Resources for Entrepreneurs