Business Exit Planning
Selling a Motorized Bicycles Business
Selling a motorized bicycles business doesn't happen overnight. It takes a deliberate process to get top dollar for your company.
Like it or not, a motorized bicycles business sale is a complicated affair, made even more difficult by the emotions associated with leaving a business you've poured your life into. But have you considered how your customers, vendors and employees will handle the sale?
Undaunted by economic conditions, many motorized bicycles business sellers are achieving their sale goals through deliberate sale strategies.
What to Expect in a Motorized Bicycles Business Sale
It's impossible to predict the emotional highs and lows you will experience during the sale of your motorized bicycles business. Given your personal investment, you may also experience disappointment in the market's assessment of your company's value. Although it isn't easy, you can mitigate the emotional impact of a motorized bicycles business sale by setting realistic expectations before you list your business.
Sweetening the Deal
Today's motorized bicycles business buyers expect sellers to offer concessions to persuade them to close the deal. Although a lower asking price is the ultimate seller concession, a price reduction isn't the only way to attract serious buyers. It's not unusual for sellers to offer non-cash incentives to help inexperienced entrepreneurs get off to a successful start. If you aren't familiar with typical motorized bicycles business concessions, consult with a professional to learn how you can build incentives into your deal.
Benefits of Third-Party Assistance
There are a range of professionals available to guide you through the sale of a motorized bicycles business. The enlistment of a qualified business broker is an excellent first step. We also suggest hiring an attorney, an appraiser, and an accountant early in the process. The early recruitment of external resources reduces your risk and results in a more predictable final outcome.
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