Sell a Business Tips
Selling a Sodding and Sodding Services Commercial and Industrial Business
At first glance, an unstable economy would seem to be an unfriendly atmosphere for a sodding and sodding services commercial and industrial business sale. At Gaebler, we think it's a great time to sell a sodding and sodding services commercial and industrial business. Here's why . . ..
Business sellers sometimes face a long, hard struggle to get fair market value for their companies. But with the adequate preparation, your sodding and sodding services commercial and industrial business can attract buyers who recognize its potential.
But they're also savvy enough to know a good deal when they see it. So for sodding and sodding services commercial and industrial business sellers, today's market is all about convincing buyers that the numbers make their companies worth the asking price.
Selling to a Family Member
Selling a business to a family member might sound like the best of both worlds. You get an exit strategy, your sodding and sodding services commercial and industrial business stays in the family, and everyone is happy. Yeah, right. 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.
When Is the Right Time to Sell?
When is it the right time to sell your sodding and sodding services commercial and industrial business? If you're asking the question, now may be the time to put your business on the market. Some experts are telling sodding and sodding services commercial and industrial business sellers to put their plans on hold until the economy fully rebounds. We aren't nearly as pessimistic about the sodding and sodding services commercial and industrial business marketplace. The inventory of what we consider to be quality sodding and sodding services commercial and industrial businesses is actually low right now and there is room for the right sellers to realize substantial gains with investment-conscious buyers.
Advantages of Hiring a Broker
A good broker can offer several benefits to business sellers. Right out of the gate, brokers know how to help their clients properly prepare their businesses for a sale. More importantly, brokers have the ability to identify serious buyers and maintain confidentiality throughout the sale process. Typical brokerage rates (a.k.a. success fees) run 10% of the final price - an expense that is usually recouped through a higher sales price and less time on the market.
Share this article
Additional Resources for Entrepreneurs