Sell a Business for the Best Price
Selling a Printing Equipment and Supplies Wholesale and Manufacturers Business
With the economy struggling to rebound, the shadow inventory of printing equipment and supplies wholesale and manufacturers businesses in the business-for-sale marketplace seems to be rising. That could make this the perfect time to list a successful printing equipment and supplies wholesale and manufacturers business
Personal and professional concerns surround the sale of a printing equipment and supplies wholesale and manufacturers business. But have you considered how your customers, vendors and employees will handle the sale?
At Gaebler, we think that's a mistake because with adequate preparation and the right sale strategy, this might be the best time to put your printing equipment and supplies wholesale and manufacturers business on the market.
Average Preparation Time
Preparing a printing equipment and supplies wholesale and manufacturers business sale takes time. Since buyers prefer to see evidence of future cash flow, you'll want to to strategically lock in cash flows and increase profits before you list the business. Next, the business will need to be documented in professional financial statements and manuals that facilitate the ownership transition. Since all of this takes time and effort, a printing equipment and supplies wholesale and manufacturers business can rarely be ready for the marketplace in less than six months. If you can afford to wait, we recommend investing a few years in improving your business's financial position before you put it on the market.
Tips for Seller Financing
Business buyers are in a capital crunch. Banks and other lending institutions aren't eager to lend to unproven and undercapitalized printing equipment and supplies wholesale and manufacturers business buyers regardless of the business's potential. Rather than abandon their plans entirely, many buyers are pursuing finance concessions from sellers. As you prepare for the sale of your printing equipment and supplies wholesale and manufacturers business, expect to be asked to finance a substantial part of the sale price.
Legal Concerns
In a printing equipment and supplies wholesale and manufacturers business sale, the Letter of Intent contains the vital elements of the deal between the buyer and the seller . If you are seeking buyer concessions, the time to address them is before the Letter of Intent is drafted. Never sign a Letter of Intent until it has been properly reviewed by your attorney and you are in complete agreement with everything it contains.
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