Sell a Business for the Best Price
Selling a Psychotherapists Business
Owning a psychotherapists business hasn't always been a bed of roses, but it's been worth the effort. The next step is to position your business for the demands of the business-for-sale marketplace.
Although we're optimistic about the economy, we also recognize that it takes the right strategy to sell a psychotherapists business in today's market.
There is no simple way to sell a business. But the most prepared psychotherapists business sellers are achieving fair market value and more for their companies through persistence and the application of sound selling techniques.
What to Expect in a Psychotherapists Business Sale
It's impossible to predict the emotional highs and lows you will experience during the sale of your psychotherapists business. Many sellers experience discouragement during a long sale process. Although it isn't easy, you can mitigate the emotional impact of a psychotherapists business sale by setting realistic expectations before you list your business.
The Best Person to Sell Your Psychotherapists Business
An unassisted business sale is a double-edged sword. Without a doubt, you have the most at stake in the outcome of your sale. That makes you the most passionate advocate for your psychotherapists business in the business-for-sale marketplace. The problem is that your passion for your business can also sabotage your sale. Business owners are subjective and biased about their company's true worth. At a minimum, conduct an independent appraisal of the psychotherapists business to gain an objective sense of fair market value.
Seller Financing
Capital is hard to come by these days. Banks and other lending institutions aren't eager to lend to unproven and undercapitalized psychotherapists business buyers regardless of the business's potential. Rather than abandon their plans entirely, many buyers are pursuing finance concessions from sellers. Although 100% seller financing isn't recommended, sellers are financing up to 70% of the sale price to close deals.
Share this article
Additional Resources for Entrepreneurs