Business Exit Planning
Selling a Mobile Home Site Preparation Business
We hear from a lot of business owners who are timid about listing their mobile home site preparation business. Despite the mood of the market, we think there are still opportunities to receive a good price for your mobile home site preparation business. Here's what you need to know . . .
In a down economy, many mobile home site preparation 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 mobile home site preparation businesses that are actually for sale.
To achieve your goals, you'll need to know the market as well as key business selling techniques. As a business seller, you need to go into the process with the mental goal of presenting your business in the best possible light.
How to Choose a Business Broker
Good business brokers inevitably produce better business sales. In the mobile home site preparation business industry, experience is a must-have characteristic for qualified brokerage. The chemistry you have with your broker is a consideration. If you don't connect with a specific broker, move on to someone else - even if the first broker looks great on paper.
Sale Preparations for Your Mobile Home Site Preparation Business
Like it or not, a good business sale takes time. Attractive mobile home site preparation business listings are the culmination of a preparation process that began months or even years ahead of time. Even though it may take years to adequately position your mobile home site preparation business, the amount of preparation you perform will have direct correlation on asking and sale prices. But your efforts to improve your company's position and profitability will only be effective if you invest similar effort into the preparation of accurate financial statements for buyers.
Negotiation Exit Strategy
If the devil is in the details, the negotiation stage of a mobile home site preparation business sale is the devil's playground. But sooner or later, someone needs to bring negotiations to a close. Unfortunately, that responsibility often falls on the seller. In a mobile home site preparation business sale, a stalled negotiation can be an indication that the deal is dead. At this point in the process, an awareness of negotiation parameters really pays off. If the buyer is unwilling to accept your minimum demands, it's time to end negotiations and move on to the next prospect.
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