Sell a Business for the Best Price
Selling a Presentation Graphics Business
Business-for-sale markets are susceptible to a variety of influences. As you know, the presentation graphics business industry has seen more than its share of fluctuations in business values. 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 presentation graphics business during challenging economic times.
Personal and professional concerns surround the sale of a presentation graphics business. In our experience, a common owner concern is how the sale will affect customers and employees.
A business sale is always a sophisticated transaction and if you aren't prepared for it, your presentation graphics business sale could have an unexpected outcome. To stay on course, you'll need sound strategy and meticulous execution on your side.
Economic Considerations
When you sell a presentation graphics business, there are a number of variables you need to consider. Interest rates, spending, inflation, and other variables directly influence how long your presentation graphics business will be on the market as well as its sales price. If you base the decision to sell your presentation graphics business solely on the market, you may be in for a long wait. A much better approach is to focus on the factors that always attract buyers and investors. One thing is for sure - buyers are paying more attention to your company's profitability and growth potential than they are to the latest quarterly economic indicators.
Seller Financing
The shortage in today's marketplace isn't interested buyers -- it's capital. Financial institutions have tightened up their lending policies, making it difficult for inexperienced and undercapitalized entrepreneurs to buy presentation graphics businesses. As a result, buyers expect sellers to finance a significant portion of the sale. It's common for sellers to finance as much as 70% of the purchase price with a payoff period of four or five years, sometimes in the form of a balloon payment at the end of the repayment period.
Legal Considerations
It's obvious that you're going to need to hire an attorney to finalize the sale of your presentation graphics business. Competent legal counsel ensures that the sale documents are in proper order. Furthermore, a good lawyers provides the counsel necessary to navigate the tax and liability issues that surround a business sale. We recommend hiring an attorney early in the process to gain insights about the legal consequences of various sale outcomes.
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