Exit Planning Advice
Selling a Kinesiology Chiropractors Business
You've heard the naysayers - now isn't the time to sell a kinesiology chiropractors business. But what they don't know is that many entrepreneurs see kinesiology chiropractors businesses as a smart business investment.
It's a fact: Successful business sales take time.
It may require a little finesse, but if you're prepared to take the next step in your entrepreneurial career then it's time to brave the kinesiology chiropractors business market and locate potential buyers ASAP.
When to End Negotiations
Negotiations have a way of dragging on forever. Yet eventually many negotiations reach a stage where further discussion is pointless. In a kinesiology chiropractors business sale, a stalled negotiation can be an indication that the deal is dead. If you are adequately prepared, you'll know what your bottom line is -- and if the buyer is unwilling to meet your bottom line requirements or if negotiations are stalled, it's time to step back from the negotiating table and re-evaluate your options.
Sale Documents
In a kinesiology chiropractors business sale, the Letter of Intent contains the vital elements of the deal between the buyer and the seller . If you are seeking buyer concessions, the time to address them is before the Letter of Intent is drafted. Never sign a Letter of Intent until it has been properly reviewed by your attorney and you are in complete agreement with everything it contains.
Dealing with Your Emotions
Business sellers sometimes struggle to handle the emotions of a sale. You probably have good reasons for selling your kinesiology chiropractors business now, but that doesn't make the emotions you will experience any easier. It's important to allow yourself time to process your emotions during your exit. But since it's important to remain as objective and rational as possible, we also recommend establishing a firm sale strategy and negotiation team to limit the impact of your personal feelings on the sale outcome.
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