Sell a Business for the Best Price
Selling a Pet Waste Removal Services Business
We hear from a lot of business owners who are timid about listing their pet waste removal services business. Despite the mood of the market, we think there are still opportunities to receive a good price for your pet waste removal services business. Here's what you need to know . . .
Business-for-sale markets are less dependent on economic conditions than most sellers think they are.
If you're ready to move on, now is the right time to sell your pet waste removal services business.
When to End Negotiations
Negotiations have a way of dragging on forever. There are countless details that need to be hammered out before a Letter of Intent can be prepared and the process can move on to the due diligence stage. As the seller, you'll be on the front lines of negotiation and will need to know when it's time to bring negotiations to an end. In a pet waste removal services business sale, a stalled negotiation can be an indication that the deal is dead. Since it can be difficult to tell whether the buyer is serious or playing games, it's important to know the lower boundaries of your negotiation strategy and be willing to walk away from the negotiation table, if necessary.
Promoting a pet waste removal services business Sale
Successful pet waste removal services business sales incorporate comprehensive advertising plans. But confidentiality issues are a hurdle you'll need to address before you put your pet waste removal services business on the market. The knowledge that your business is being sold almost always converts into negative PR with your customers and vendors. Business brokers are skilled at publicizing pet waste removal services business sales while maintaining the confidentiality that is critical to your business.
When the Sale Goes Off-Course
It's not uncommon for the owners of small pet waste removal services businesses to adopt a go-it-alone sale strategy. Plenty of owners sell their pet waste removal services businesses unassisted. Although there are exceptions, solo sales typically take longer and are less productive than brokered sales. As a rule, no business should sit on the market for more than six months without attracting the interest of at least a handful of qualified buyers. Lack of buyer enthusiasm or persistence indicates that something is wrong. Hire a broker and conduct a professional appraisal ASAP.
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