Sell a Business Tips
Selling a Sexual Harassment Attorneys Business
Business sellers have diverse personal and professional goals for the sale of their companies. But no matter what you expect from the sale of your sexual harassment attorneys business, it's in your best interest to maximize the sales price through the application of proven sales techniques.
Waiting for better economic times to sell your company? That's a common anthem in the small business community.
Despite the conventional wisdom, we believe current economic conditions are right for selling a sexual harassment attorneys business. We'll tell you what you need to know to achieve a successful sale outcome
Buyer Concessions
In a tight economy, seller concessions are the name of the game. But that doesn't mean you can't push for buyer concessions to achieve a more favorable outcome in the sale of your sexual harassment attorneys business. Often, buyer concessions represent financial incentives that the seller receives in exchange for providing a non-cash benefit (e.g. training, financing, etc.. Asset exclusions, retained ownership shares and long-term contracts with another of the seller's companies can also be leveraged to extract concessions from buyers.
Promoting a sexual harassment attorneys business Sale
The best sexual harassment attorneys business sales incorporate comprehensive advertising plans. However, confidentiality and other concerns can present challenges, even for sales professionals. A highly publicized sale creates vulnerabilities that can be exploited by your competitors. Business brokers are skilled at publicizing sexual harassment attorneys business sales while maintaining the confidentiality that is critical to your business.
Legal Considerations
It pays to invest in first-rate legal counsel when you sell a sexual harassment attorneys business. A good lawyer serves a variety of functions during the process. In addition to reviewing the letter of intent, sales contract, and other documents, your attorney should be capable of advising you about due diligence and the tax consequences of the sale. We recommend hiring an attorney early in the process to gain insights about the legal consequences of various sale outcomes.
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