Sell a Business Tips
Selling a Sex Therapy Business
You've learned a lot during your tenure as a sex therapy business owner. The next step is to position your business for the demands of the business-for-sale marketplace.
Personal and professional concerns surround the sale of a sex therapy business. In our experience, a common owner concern is how the sale will affect customers and employees.
The business-for-sale market is extremely dynamic. Knowledgeable entrepreneurs understand that market timing isn't nearly as important as other factors in a sex therapy business sale. To improve sale outcomes, you will simply need to tailor your sex therapy business to today's buyers.
Pre-Sale Checklist
There is a lot of work that needs to be done before you're ready to sell your sex therapy business. Perhaps the most important pre-sale consideration is to right-size your expectations to the realities of the market. Armed with a realistic timeframe and asking price, you can begin to consult with your broker about the best way to approach likely buyers.
Selling to a Family Member
The idea of passing a business along to a family member sounds idyllic to many business owners. in reality, a family-based sex therapy business sale can be more complicated than selling to a stranger. Often, a sale to a family member creates fractures within the family. Whether you offer the family member special concessions or not, either the buyer or other family members may take offense. If possible, discuss a long-term, generational transition with the entire family and seek the advice of a professional consultant.
Should I Hire a Business Broker?
When selling a sex therapy business, you have two choices: Hire a broker to facilitate the sale or perform the sale unassisted. Although brokerage fees can be substantial, the right broker can reduce the amount of time your sex therapy business sits on the market. If you're on the fence, do your research before you make a final decision. BizBuySell.com and other websites offer detailed information about brokers and the process of performing a brokered sex therapy business sale.
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