Niche Exit Planning Strategies
Selling a Drapery and Curtain Fixtures Wholesale and Manufacturers Business
When it's time to sell your drapery and curtain fixtures wholesale and manufacturers business, your future plans depend on your ability to get the highest possible sales price. Here's how to do it . . .
Dire economic forecasts have forced many drapery and curtain fixtures wholesale and manufacturers business sellers into hibernation. Instead of listing their companies now, they're hanging back until they see signs of an economic recovery.
Although we understand why sellers are hesitant, we're also seeing enough business sales to know that if you want to sell a drapery and curtain fixtures wholesale and manufacturers business, you can - even in today's economy. We'll tell you what you need to know to achieve a successful sale outcome
Finding Drapery & Curtain Fixtures Wholesale & Manufacturers Business Buyers
It's difficult to predict where the buyer of your drapery and curtain fixtures wholesale and manufacturers business will come from. Avoid pigeon-holing your search to a single buyer category. Although it's helpful to target promotional tactics to likely buyers, allow for some exposure to the broader market. Sellers should also recognize the value of promoting their sale in trusted business networks, carefully balancing the need for confidentiality with the promotional potential of their contact base.
Working with Appraisers
An experienced appraiser is part and parcel of a successful drapery and curtain fixtures wholesale and manufacturers business sale. Leading industry appraisers equip sellers with a value gauge that can be accessed during negotiations. If you're disappointed with the appraiser's estimate of your company's worth, you have the option of seeking a second opinion. However, it's more often the case that you will need to adjust your expectations of your business's value to buyers.
Pre-Sale Checklist
There is a lot of work that needs to be done before you're ready to sell your drapery and curtain fixtures wholesale and manufacturers business. Perhaps the most important pre-sale consideration is to right-size your expectations to the realities of the market. After you have consulted with a business broker to right size your expectations, you'll need to add several items to your checklist, including financial statement preparation, pre-sale appraisals, financial planning, market positioning and other tasks designed to communicate value to prospective buyers.
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