Sell a Business for the Best Price

Selling a Persons With Disabilities Assistance Services Business

Business-for-sale markets are susceptible to a variety of influences. As you know, the persons with disabilities assistance services business market has been exceptionally volatile. Many sellers have exited their companies under less-than-ideal circumstances. Yet it's still possible to achieve personal and professional goals when selling a persons with disabilities assistance services business during challenging economic times.

The persons with disabilities assistance services business-for-sale marketplace is a nuanced environment, full of pitfalls for sellers who aren't prepared for its demands.

There is no simple way to sell a business. But the most prepared persons with disabilities assistance services business sellers are achieving fair market value and more for their companies through persistence and the application of sound selling techniques.

Dealing with Buyers

It's a common scenario: in an effort to perform a thorough due diligence process, buyers flood persons with disabilities assistance services business sellers with questions and requests, often to the point of becoming a nuisance. The questions persons with disabilities assistance services business ask during due diligence are designed to alleviate their concerns about the business and should be promptly addressed by the seller. To protect yourself, don't offer an answer until you are sure the information you are providing is 100% accurate. However, at some point due diligence has to end and the sale must proceed to closing. Consult with your broker to determine when it's time to draw the line and push the buyer toward a final commitment.

Finding Prospects

Still looking for prospective buyers for your business? You probably already know several parties with an interest in acquiring your company. Although some persons with disabilities assistance services business sellers advertise their businesses in general classifieds, the most successful sales are those in which professional brokers seek out likely buyers. Competitors may seem like natural prospects and they are. The downside is that they won't pay top dollar and will probably absorb your company into their own.

After the Sale

As your persons with disabilities assistance services businesssale nears completion, there is a lot of work remaining to be done. The transition to the new owner, the distribution of sale proceeds and other issues can weigh heavily on sellers. If there are pending details that still need to ironed out, address them ASAP to ensure a smooth closing and transition.

Share this article


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary