Niche Exit Planning Strategies
Selling a Drainage Tile Contractors Business
Many business leaders say that now isn't the time to try to sell a drainage tile contractors business. At Gaebler, we think it's a great time to sell a drainage tile contractors business. Here's why . . ..
Business-for-sale markets are less dependent on economic conditions than most sellers think they are.
Many business owners don't know that drainage tile contractors businesses are still a hot commodity, to the extent that sellers have properly prepared them for the marketplace.
What to Expect in a Drainage Tile Contractors Business Sale
It's impossible to predict the emotional highs and lows you will experience during the sale of your drainage tile contractors business. Given your personal investment, you may also experience disappointment in the market's assessment of your company's value. You can prepare yourself by talking through your emotions with friends and family members, and thoroughly evaluating your minimum requirements before you put your drainage tile contractors business on the market.
Finding Drainage Tile Contractors Business Buyers
It's difficult to predict where the buyer of your drainage tile contractors business will come from. Avoid pigeon-holing your search to a single buyer category. Many sellers achieve success by listing their drainage tile contractors businesses in multiple channels. networking may also prove to be a valuable resource for identifying prospective buyers, but only to the extent that it can be done discreetly.
How Much Does It Cost to Sell a drainage tile contractors business?
In a drainage tile contractors business sale, pricing is based on a number of factors, including the costs incurred during the sale. Although they can significantly increase the final sale price, brokers typically receive a 10% commission. Professional consultations can also represent a significant expense during the course of a drainage tile contractors 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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