Optimizing Business Exits
Selling a Russian Churches Business
Selling a Russian church doesn't happen overnight. It takes a deliberate process to get top dollar for your company.
Most entrepreneurs have the skills and stamina to endure and prosper during the sale ofa Russian church.
Does that mean selling your Russian church will be a piece of cake? No -- but you might be surprised to learn that the Russian churches that are selling these days are finding success though simple, common sense selling strategies.
Dealing with Your Emotions
Coping with the emotions of a business sale can be difficult, even under the best of circumstances. You probably have good reasons for selling your Russian church now, but that doesn't make the emotions you will experience any easier. It's important to allow yourself time to process your emotions during your exit. At the same time, it's helpful to consult with people who can help limit the influence of your emotions on negotiations and other aspects of the sale process.
Sale Costs
In a Russian church sale, pricing is based on a number of factors, including the costs incurred during the sale. Hiring a broker is a mixed bag because although brokers can increase the sale price, they also take a 10% fee. Professional consultations can also represent a significant expense during the course of a Russian church sale. Likewise, you'll need to consider how much it will cost to promote the sale as well as the lost time it will take for you and your team to navigate the sale process.
Sweetening the Deal
Today's Russian church buyers expect sellers to offer concessions to persuade them to close the deal. Although a lower asking price is the ultimate seller concession, a price reduction isn't the only way to attract serious buyers. 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 Russian church owner, they can be critical launching points for their ownership journey.
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