Sell a Business for the Best Price
Selling a Posters Wholesale and Manufacturers Business
Planning and execution can dramatically influence the price you receive for your posters wholesale and manufacturers business.
Business sellers are notorious for second-guessing themselves about the right time to put their companies up for sale.
Yet what many sellers don't appreciate is that a down economy can present the perfect opportunity to sell a posters wholesale and manufacturers business.
Sweetening the Deal
Like it or not, prospective buyers are going to ask you to make certain concessions in the sale of your posters wholesale and manufacturers business. Concessions can consist of non-cash as well as cash incentives. When you've reached your limit on price, consider offering non-cash concessions to encourage a commitment from the buyer. A limited amount of training and mentoring may seem inconsequential to you, but to a young posters wholesale and manufacturers business owner, they can be critical launching points for their ownership journey.
Signs You're in Over Your Head
It's not uncommon for the owners of small posters wholesale and manufacturers businesses to adopt a go-it-alone sale strategy. Plenty of owners sell their posters wholesale and manufacturers 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. When buyers fail to exhibit substantive interest, it could indicate unrealistic pricing or an inferior selling strategy. The remedy is professional brokerage or a consultation with more experienced sellers.
Pre-Sale Checklist
There is a lot of work that needs to be done before you're ready to sell your posters wholesale and manufacturers business. The first item on your checklist should be a reality check -- if you plan to sell your business for top dollar in just a few short months, you need to adjust your expectations%However, your first priority should be to set realistic expectations for the selling process and its eventual outcome. Armed with a realistic timeframe and asking price, you can begin to consult with your broker about the best way to approach likely buyers.
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