Business Exits By Industry
Selling a Computer and Electronics Movers Business
There are few things as intimidating as selling a business in a sluggish economy. But selling your computer and electronics movers business doesn't have to be as daunting as it sounds.
The buzz in the marketplace is that now isn't the right time to sell a computer and electronics movers business. Consequently, sellers are holding their businesses off the market until they are sure the market will sustain their asking prices.
A business sale is always a sophisticated transaction and if you aren't prepared for it, your computer and electronics movers business sale could have an unexpected outcome. To stay on course, you'll need sound strategy and meticulous execution on your side.
Working with a Professional Accountant
Professional accountants lend credibility to the financial preparation of a computer and electronics movers business sale. Before your computer and electronics movers business goes on the market, you should sit down with your accountant to clarify your financial goals and the tax consequences of a sale. A professional audit can ease buyer concerns and amp up the value of your financial presentation. With seller financing becoming common, professional accountants are playing a more central role in negotiations and buyer qualification.
Valuation Methods
The methods for valuing a computer and electronics movers business vary according to your business model and circumstances. However, there are generally three valuation methods appraisers use to determine your company's worth. Appraisals based on the asset method gauge value as a factor of the company's real property and non-tangible assets; appraisals based on the income method consider the business's anticipated revenue. In many sales, the most accurate valuation comes from the market method which determines value based on the recent sales of similar businesses. A good appraiser will often use multiple valuation methods to arrive at a reasonable estimate. But regardless of the method that is used, it's always in the seller's best interest to increase revenue and asset values prior to a sale.
Timing the Market
Now may be the best time to sell a computer and electronics movers business. A depressed economy means lower interest rates; lower interest rates increase the number of investors willing to take a chance on computer and electronics movers businesses. Sooner or later, rates will rise, increasing the risk for prospective buyers of computer and electronics movers businesses. Market conditions can be intimidating. But your larger concern should be whether or not your business is ready to be presented to qualified sale prospects.
Share this article
Additional Resources for Entrepreneurs