Sell a Business Tips
Selling a Scientology Churches Business
Don't believe anyone who tells you it's easy to sell a Scientology church. A lot of things need to happen before you can successfully exit your business. But with a few tips, you can keep your shirt and your sanity in the sale of your business.
In a down economy, many Scientology church sellers wait to list their businesses until they see signs that the economy has rebounded, making it difficult to accurately evaluate the number of Scientology churches that are actually for sale.
They require careful planning and an intentional strategy that emphasizes your Scientology church's strengths and meets the needs of the marketplace. But for business sellers, the process begins with having the right mental attitude.
Hiring an Attorney
It's obvious that you're going to need to hire an attorney to finalize the sale of your Scientology church. 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.
Maintaining Objectivity
Objectivity is a rare commodity in a business sale. You have invested yourself in making your Scientology church the success it is today, but in the eyes of prospective buyers, your operation is only worth fair market value. Although it may be a hard pill to swallow, you need to find a way to introduce objectivity into your sale. A business broker can be a valuable resource in right-sizing your expectations and preparing you for market realities.
Closing Strategies
Today's Scientology church buyers expect sellers to offer concessions to persuade them to close the deal. Concessions can consist of non-cash as well as cash incentives. 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 Scientology church owner, they can be critical launching points for their ownership journey.
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