Niche Exit Planning Strategies
Selling a Deliverance Church
We hear from a lot of business owners who are timid about listing their Deliverance church. Despite the mood of the market, we think there are still opportunities to receive a good price for your Deliverance church. Here's what you need to know . . .
These days, the prospect of selling a Deliverance church is so daunting that many would-be sellers are biding their time, waiting for a break in the economic clouds.
Undaunted by economic conditions, many Deliverance church sellers are achieving their sale goals through deliberate sale strategies.
Leveraging Seller Concessions
Seller concessions are becoming more commonplace in business-for-sale transactions. In a down economy sellers become bankers; an unwillingness to finance at least part of the sale of a Deliverance church can translate into a dead deal. Capital is scarce, causing new entrepreneurs to rely on sellers to finance at least part of the purchase price. If you are unwilling or unable to offer financing, be prepared to offer other types of concessions to close the deal.
Adjusting Expectations
When you made the decision to sell your Deliverance church, you had a specific set of outcomes in mind. However, no one told the marketplace about your expectations. The outcome of your sale will be determined by market forces - not by your personal circumstances or desires. Sometimes, sellers need to readjust their expectations to accommodate market realties. If buyers don't seem to be willing to meet your expectations, consult with your broker to modify your strategy and market approach.
Moving On
The decision to sell your Deliverance church can't be made without adequate consideration of what will happen after the sale. many sellers find themselves ill-equipped to handle life after their business and fail to understand that their future plans can influence the sale process. In today's market, many buyers expect seller financing - a concession that might not be a possibility for sellers whose next step requires the entire proceeds at the time of the sale.
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