Advice on Niche Market Exit Planning
Selling a Telegraph Companies and Services Business
In any market, there are sellers and then there are serious sellers. We'll give you the tools you need to be taken seriously when you decide to sell your telegraph companies and services business.
The business-for-sale market is just as frustrating for buyers as it is for sellers these days. There are lots of buyers who want to own a telegraph companies and services business, but have limited capital to get their foot in the door.
Many telegraph companies and services business owners fail to receive fair market value for their businesses. Smart sellers know the value of their companies are prepared to identify buyers who are willing to pay top dollar.
When Is the Right Time to Sell?
When is it the right time to sell your telegraph companies and services business? If you're asking the question, now may be the time to put your business on the market. There are a lot of naysayers out there advising telegraph companies and services business sellers to put their plans on hold until the economy fully rebounds. We aren't nearly as pessimistic about the telegraph companies and services business marketplace. With fewer telegraph companies and services businesses on the market, there are ample opportunities for sellers to capture the attention of qualified buyers.
Turning the Tables: Buyer Concessions
Sellers aren't the only ones who can make concessions in a business sale. In many instances, sellers can request buyer concessions. Although this scenario frequently plays out around seller financed deals, it's possible to push for a higher sales price or other form of compensation if you agree to mentor the buyer for a specified period of time. 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.
How to Increase Sale Price
There are no simple ways to sell a telegraph companies and services business. If you don't know what you're doing, your business could languish on the market for months or even years. A business broker handles much of the legwork involved in the sale. If you try to sell your business without a broker, your time will be consumed by the details of the sale. Subsequently, you'll be distracted from the demands of your auto supply store, business will suffer, and the sale price you receive for your company will be dramatically reduced. For a lot reasons, a decision to hire a broker is almost always the right decision, especially for sellers who need to receive top dollar for their telegraph companies and services businesses.
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