Advice on Niche Market Exit Planning
Selling a Tent Sales and Rental Business
Planning and execution can dramatically influence the price you receive for your tent sales and rental business.
Personal and professional concerns surround the sale of a tent sales and rental business. But have you considered how your customers, vendors and employees will handle the sale?
A business sale is always a sophisticated transaction and if you aren't prepared for it, your tent sales and rental business sale could have an unexpected outcome. To stay on course, you'll need sound strategy and meticulous execution on your side.
What to Expect in a Tent Sales & Rental Business Sale
It's impossible to predict the emotional highs and lows you will experience during the sale of your tent sales and rental business. Given your personal investment, you may also experience disappointment in the market's assessment of your company's value. Although it isn't easy, you can mitigate the emotional impact of a tent sales and rental business sale by setting realistic expectations before you list your business.
Finding Tent Sales & Rental Business Buyers
It's difficult to predict where the buyer of your tent sales and rental business will come from. Avoid pigeon-holing your search to a single buyer category. Although it's helpful to target promotional tactics to likely buyers, allow for some exposure to the broader market. Sellers should also recognize the value of promoting their sale in trusted business networks, carefully balancing the need for confidentiality with the promotional potential of their contact base.
Sale Costs
In a tent sales and rental business sale, pricing is based on a number of factors, including the costs incurred during the sale. Good brokerage takes a 10% success fee off the top of the final sale price. Professional consultations can also represent a significant expense during the course of a tent sales and rental business sale. If you need to compensate employees to assist with the sale, their services should also be considered.
Share this article
Additional Resources for Entrepreneurs