Sell a Business for the Best Price
Selling a Public Tennis Courts Business
Many business leaders say that now isn't the time to try to sell a public tennis courts business. Don't be deterred by economic uncertainty. There are plenty of reasons why this is the right time to put your public tennis courts business on the market.
Most business sellers are interested in disposing of their businesses as quickly as possible. But that's not how a public tennis courts business sale works.
A business sale is always a sophisticated transaction and if you aren't prepared for it, your public tennis courts business sale could have an unexpected outcome. To stay on course, you'll need sound strategy and meticulous execution on your side.
Selecting a Broker
Good business brokers inevitably produce better business sales. In the public tennis courts business industry, experience is a must-have characteristic for qualified brokerage. The best brokers should also come with a list of references, a demonstrable track record and a proven plan for selling public tennis courts businesses.
Advertising Your Sale
Successful public tennis courts business sales incorporate comprehensive advertising plans. 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 public tennis courts business sales while maintaining the confidentiality that is critical to your business.
Leveraging Seller Concessions
In the current marketplace, seller concessions can make the difference between a business sale and a public tennis courts business that languishes on the market for months or even years. Not surprisingly, seller financing is routinely requested by today's buyers. Traditional lenders and investors are gun shy - and that makes sellers a logical funding source for many buyers. Other common seller concessions include staying on the mentor the new owner, non-compete clauses, and working as a consultant to mitigate the impact of new ownership.
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