Business Exits By Industry
Selling a Construction Staking Business
Many business leaders say that now isn't the time to try to sell a construction staking business. Don't be deterred by economic uncertainty. There are plenty of reasons why this is the right time to put your construction staking business on the market.
Like it or not, a construction staking business sale is a complicated affair, made even more difficult by the emotions associated with leaving a business you've poured your life into. In our experience, a common owner concern is how the sale will affect customers and employees.
Undaunted by economic conditions, many construction staking business sellers are achieving their sale goals through deliberate sale strategies.
Seller Concessions
It's becoming more difficult to sell a construction staking business without considering seller concessions. The most common seller concession is seller financing. With entrepreneurs struggling to secure capital, you may be the buyer's only source of financing. If you are unwilling or unable to offer financing, be prepared to offer other types of concessions to close the deal.
Tips for Working with A Business Broker
Brokerage is a mainstay of the business-for-sale marketplace. Brokerage is particularly common in the construction staking business-for-sale market, where aggressive selling strategies are the norm. But a good broker doesn't relieve your responsibility for contributing to the sale process. Like it or not, you are going to be an integral player in the sale of your construction staking business. Successfully brokered sales are based on solid relationships between brokers and sellers as well as the strict execution of a common selling strategy.
Current Market Conditions
No one plans to sell a construction staking business in a down economy. So far, government intervention and promises that the economy is slowly recovering haven't been enough to alleviate many entrepreneur's fears. But when the economy fully rebounds, a shadow inventory of construction staking businesses will flood the market and drive prices down even further. So what's our point? The economy isn't the most important factor in the sale of your business. Instead, you should be focusing on making your construction staking business as attractive as possible so to buyers right now.
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