Business Exit Planning
Selling a Motorcycle Camper and Trailer Dealers Business
Despite the pessimistic mood of many sellers, your motorcycle camper and trailer dealers business can be a high value acquisition target for ambitious entrepreneurs -- even in today's tough economy.
The business-for-sale market is just as frustrating for buyers as it is for sellers these days. There are lots of buyers who want to own a motorcycle camper and trailer dealers business, but have limited capital to get their foot in the door.
Nothing lasts forever and you will ultimately be faced with the task of selling your company. When that happens, your future plans will be dependent on your ability to receive the highest possible sale price for your motorcycle camper and trailer dealers business.
Maintaining Objectivity
Objectivity is a rare commodity in a business sale. Your estimate of your company's worth is probably skewed by your emotions and your close, personal connection to the business. Although it may be a hard pill to swallow, you need to find a way to introduce objectivity into your sale. Consider recruiting a team of objective professionals to help manage your expectations as you prepare and negotiate the sale of your business.
How to Choose a Business Broker
Good business brokers inevitably produce better business sales. In the motorcycle camper and trailer dealers business industry, experience is a must-have characteristic for qualified brokerage. The best brokers should also come with a list of references, a demonstrable track record and a proven plan for selling motorcycle camper and trailer dealers businesses.
Buyer Concessions
Sellers aren't the only ones who can make concessions in a business sale. In many instances, sellers can request buyer concessions. Although this scenario frequently plays out around seller financed deals, it's possible to push for a higher sales price or other form of compensation if you agree to mentor the buyer for a specified period of time. Asset exclusions, retained ownership shares and long-term contracts with another of the seller's companies can also be leveraged to extract concessions from buyers.
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