Niche Exit Planning Strategies
Selling a Draperies and Curtains Wholesale and Manufacturers Business
You've heard the naysayers - now isn't the time to sell a draperies and curtains wholesale and manufacturers business. But what they don't know is that many entrepreneurs see draperies and curtains wholesale and manufacturers businesses as a smart business investment.
In a down economy, many draperies and curtains wholesale and manufacturers business sellers wait to list their businesses until they see signs that the economy has rebounded, making it difficult to accurately evaluate the number of draperies and curtains wholesale and manufacturers businesses that are actually for sale.
However, serious buyers also understand the value of a good draperies and curtains wholesale and manufacturers business. To sell your draperies and curtains wholesale and manufacturers business, you'll need to go the extra mile to prove your company has the potential to deliver steady revenue and a solid ROI.
Pre-Sale Checklist
The upfront time you investment in the sale of your draperies and curtains wholesale and manufacturers business will pay big dividends at closing. Perhaps the most important pre-sale consideration is to right-size your expectations to the realities of the market. Once your expectations are in the ballpark, you can move on to making your business presentable to prospective buyers.
Selecting a Broker
A good business broker is your best bet for a fast and profitable business sale. In the draperies and curtains wholesale and manufacturers 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 draperies and curtains wholesale and manufacturers businesses.
Leveraging Seller Concessions
Seller concessions are becoming more commonplace in business-for-sale transactions. By far, seller financing is the most sought-after concession, especially in the current economic environment. 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.
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