Sell a Business for the Best Price
Selling a Poison Control Center
No one said selling your business in a depressed economy would be easy. Fortunately, a poison control center sale isn't as scary as it seems.
Intimidated by a sluggish economy, business buyers are more cautious than ever.
If you're ready to move on, now is the right time to sell your poison control center.
Why Confidentiality Matters
In the business-for-sale universe, publicity translates into risk. A low-key selling strategy is a low risk activity because you can control who does (and doesn't) know that your business is on the market. When and if your sale becomes public knowledge, competitors can use that information to weaken your position in the marketplace. Successful sales walk a fine line between total confidentiality and aggressive promotion. Brokers and consultants can mitigate the risk by implementing confidential sale techniques.
Legal Considerations
It's obvious that you're going to need to hire an attorney to finalize the sale of your poison control center. A good lawyer serves a variety of functions during the process. In addition to reviewing the letter of intent, sales contract, and other documents, your attorney should be capable of advising you about due diligence and the tax consequences of the sale. We recommend hiring an attorney early in the process to gain insights about the legal consequences of various sale outcomes.
Advertising Your Sale
Successful poison control center sales begin with a carefully planned advertising and promotional strategies. However, confidentiality and other concerns can present challenges, even for sales professionals. If sale information leaks out, competitors can use it to steal customers and circulate negative messages about your business throughout the industry. Business brokers are skilled at publicizing poison control center sales while maintaining the confidentiality that is critical to your business.
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