Selling a Company Advice
Selling a United Church of Christ Church
A lot can go wrong during the sale of a United Of Christ church in today's economy. With little room for error, your business sale has to feature the flawless execution of concepts that are driving today's business-for-sale marketplace.
An assortment of hurdles and obstacles stand between you and the successful sale of your United Of Christ church.
In a skittish economy, United Of Christ church sellers can access several strategies to receive fair market value from entrepreneurs who understand the value of a good business investment.
The Best Person to Sell Your United Church of Christ Church
As the owner, you are both the best and worst person to sell your United Of Christ church. Few people know your business as well as you do. However, your close connection to your company can also be a drawback. Nearly all sellers have an inflated sense of their company's value. At a minimum, conduct an independent appraisal of the United Of Christ church to gain an objective sense of fair market value.
Setting the Stage
In addition to improving profitability and market share, planning the sale of your business will require you to think about how you will present your company to buyers. Professional business brokers understand buyers and know how to properly communicate a United Of Christ church to the marketplace. Specifically, brokers can advise you about the preparation of financial statements and other documents buyers expect to see in a premium United Of Christ church opportunity.
Buyer Identification
Buyers of United churches of Christ churches run the gamut. Some are seasoned United Of Christ church veterans interested in expanding their operation or adding a new location. Others are first-time entrepreneurs with a taste for the small business lifestyle. Avoid pigeon-holing your search to a single buyer category. Many sellers achieve success by listing their United churches of Christ churches in multiple channels. 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.
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