Exit Planning Strategies
Selling a Valances Retailer
Forget about what you read in the paper -- valances retailers are being sold everyday and the business-for-sale market is poised for even greater growth in the months ahead.
We're seeing a high volume of shadow inventory in the business-for-sale market.
Most valances retailers are good business opportunities, a fact that is not going unnoticed by today's discerning buyers.
Advertising Your Sale
Successful valances retailer sales incorporate comprehensive advertising plans. But if you think advertising your valances retailer will be the same as running a product promotion, think again. Multiple factors complicate business-for-sale advertising, not the least of which is the fact that you don't want your competition to know that your company is on the market. If sale information leaks out, competitors can use it to steal customers and circulate negative messages about your business throughout the industry. Business brokers are skilled at publicizing valances retailer sales while maintaining the confidentiality that is critical to your business.
Tips for Seller Financing
Capital is hard to come by these days. Banks and other lending institutions aren't eager to lend to unproven and undercapitalized valances retailer buyers regardless of the business's potential. Rather than abandon their plans entirely, many buyers are pursuing finance concessions from sellers. It's common for sellers to finance as much as 70% of the purchase price with a payoff period of four or five years, sometimes in the form of a balloon payment at the end of the repayment period.
How to Increase Sale Price
There are no simple ways to sell a valances retailer. If you don't know what you're doing, your business could languish on the market for months or even years. Fortunately, a business broker can minimize the impact on your bank account and personal well-being. 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 valances retailers.
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