Mastering Niche Market Exit Planning
Selling a Numerologists Business
A good business is about more than dollars and sense. To make your numerologists business what it is today, you've had to fully invest yourself in its success. But the hard work isn't done yet. Before you can make a graceful exit, you will have to invest yourself in your business sale.
An assortment of hurdles and obstacles stand between you and the successful sale of your numerologists business.
Most numerologists businesses are good business opportunities, a fact that is not going unnoticed by today's discerning buyers.
Selling Time
From the day they decide to sell their company, the question that plagues many owners is how long it will take to sell their numerologists business. Unfortunately, there are no hard and fast rules about the length of time your business will be on the market. Pricing plays a role in sale length, but there are no guarantees that a fairly priced business will sell quickly. To adequately prepare your business listing, plan on spending six months to a year prior to listing. Even though it's conceivable that an attractive opportunity could sell in weeks, an immediate flood of offers could indicate that the business is underpriced.
How Much Does It Cost to Sell a numerologists business?
In a numerologists business sale, pricing is based on a number of factors, including the costs incurred during the sale. Although they can significantly increase the final sale price, brokers typically receive a 10% commission. Professional consultations can also represent a significant expense during the course of a numerologists business sale. Furthermore, your time has value, so you may need to include a personal compensation consideration in your expense estimates.
Finding Numerologists Business Buyers
Qualified numerologists business buyers come from a range of sources and backgrounds. Avoid pigeon-holing your search to a single buyer category. Although it's helpful to target promotional tactics to likely buyers, allow for some exposure to the broader market. Sellers should also recognize the value of promoting their sale in trusted business networks, carefully balancing the need for confidentiality with the promotional potential of their contact base.
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