Business Exit Planning
Selling a Mausoleum Builders Business
Many business leaders say that now isn't the time to try to sell a mausoleum builders business. But in reality, now may be the perfect time to sell a mausoleum builders business.
According to the experts, there is currently a large volume of shadow inventory in the mausoleum builders business market -- businesses that are waiting to be listed until the economy recovers.
The good news is that ambitious entrepreneurs continue to see mausoleum builders businesses as a smart business investment -- and the market is rewarding owners who are willing to invest time and energy in their sale.
Dealing with Your Emotions
Business sellers sometimes struggle to handle the emotions of a sale. You probably have good reasons for selling your mausoleum builders 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.
Working with Appraisers
An experienced appraiser is part and parcel of a successful mausoleum builders business sale. Leading industry appraisers equip sellers with a value gauge that can be accessed during negotiations. Even though you may disagree with the appraiser's value estimates, it's important to give your appraiser the information and independence he needs to present an objective opinion. To ensure accuracy, ask your broker to provide references for appraisers with industry experience.
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. Traditional lenders and investors are gun shy - and that makes sellers a logical funding source for many buyers. 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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