Business Exit Planning
Selling a Motion Picture Distributors, Exchanges, and Representatives Business
No one said selling your business in a depressed economy would be easy. But selling your motion picture distributors, exchanges, and representatives business doesn't have to be as daunting as it sounds.
The process of selling a motion picture distributors, exchanges, and representatives business can be one of the most stressful experiences of your entrepreneurial career.
However, serious buyers also understand the value of a good motion picture distributors, exchanges, and representatives business. So for motion picture distributors, exchanges, and representatives business sellers, today's market is all about convincing buyers that the numbers make their companies worth the asking price.
The Case for Confidentiality
Highly publicized motion picture distributors, exchanges, and representatives business sales are risky motion picture distributors, exchanges, and representatives businesssales. A low-key selling strategy is a low risk activity because you can control who does (and doesn't) know that your business is on the market. Eventually, word will leak out. When that happens, it can damage your standing with customers and vendors. Although it can be difficult, it's important to strike a balance between confidentiality and sale promotion. Brokers and consultants can mitigate the risk by implementing confidential sale techniques.
Working with Appraisers
An experienced appraiser is part and parcel of a successful motion picture distributors, exchanges, and representatives business sale. Armed with a professional appraisal, both you and your broker can enter the negotiation stage with confidence. 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.
Moving On
So you've decided to sell your motion picture distributors, exchanges, and representatives business. That's great -- but have you considered what's next? Are you moving on to another business venture? Are you retiring? many sellers find themselves ill-equipped to handle life after their business and fail to understand that their future plans can influence the sale process. In today's market, many buyers expect seller financing - a concession that might not be a possibility for sellers whose next step requires the entire proceeds at the time of the sale.
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