Niche Exit Planning Tactics
Selling a Wall and Ceiling Cleaning Service
You've invested time, effort, and creativity into building your wall and ceiling cleaning service. To see your ownership role through to completion, you will need to exhibit similar diligence in selling your company.
In a down economy, many wall and ceiling cleaning service sellers wait to list their businesses until they see signs that the economy has rebounded, making it difficult to accurately evaluate the number of wall and ceiling cleaning services that are actually for sale.
There are still plenty of wall and ceiling cleaning service buyers looking for opportunities that present well in the marketplace.
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. In a wall and ceiling cleaning service sale, a stalled negotiation can be an indication that the deal is dead. Since it can be difficult to tell whether the buyer is serious or playing games, it's important to know the lower boundaries of your negotiation strategy and be willing to walk away from the negotiation table, if necessary.
The Best Person to Sell Your Wall & Ceiling Cleaning Service
An unassisted business sale is a double-edged sword. On the one hand, no one knows your business better than you do. When it comes to earnings potential, asset condition, and other considerations, you are the world's leading expert on your company. 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 wall and ceiling cleaning service to gain an objective sense of fair market value.
Average Timeframes
Hoping for a quick wall and ceiling cleaning service sale? You may be disappointed. Although asking price and other factors contribute to sale time, it's difficult to predict how long your business will be on the market before you locate the right buyer. To adequately prepare your business listing, plan on spending six months to a year prior to listing. Even though it's conceivable that an attractive opportunity could sell in weeks, an immediate flood of offers could indicate that the business is underpriced.
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