Exit Planning Strategies
Selling a Vineyard Christian Fellowship Churches Business
A lot can go wrong during the sale of a Vineyard Christian Fellowship church these days. More than ever before, it's important for sellers to know the tactics and techniques that are being used to maximize sales price and achieve desired sale outcomes.
Dire economic forecasts have forced many Vineyard Christian Fellowship church sellers into hibernation. Instead of listing their companies now, they're hanging back until they see signs of an economic recovery.
To sell a Vineyard Christian Fellowship church now, sellers need to make a strong case for buyers to purchase at or near the asking price.
Advantages of Hiring a Broker
Brokers give Vineyard Christian Fellowship church sellers distinct advantages in the marketplace. Right out of the gate, brokers know how to help their clients properly prepare their businesses for a sale. Even more, the best brokers have a track of record of discreetly identifying likely buyers and contacting them on your behalf. 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.
Pre-Sale Checklist
There is a lot of work that needs to be done before you're ready to sell your Vineyard Christian Fellowship church. Perhaps the most important pre-sale consideration is to right-size your expectations to the realities of the market. Armed with a realistic timeframe and asking price, you can begin to consult with your broker about the best way to approach likely buyers.
When to End Negotiations
Negotiations have a way of dragging on forever. But sooner or later, someone needs to bring negotiations to a close. Unfortunately, that responsibility often falls on the seller. A lull in negotiations may be part of the buyer's strategy. Then again, it may be a sign that the search for common ground is a lost cause. At this point in the process, an awareness of negotiation parameters really pays off. If the buyer is unwilling to accept your minimum demands, it's time to end negotiations and move on to the next prospect.
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