Niche Exit Planning Tactics
Selling a Women's Health Information and Referral Services Business
Business-for-sale markets are susceptible to a variety of influences. As you know, the women's health information and referral services business industry has seen more than its share of fluctuations in business values. Many sellers have exited their companies under less-than-ideal circumstances. Yet it's still possible to achieve personal and professional goals when selling a women's health information and referral services business whem market conditions threaten a successful business sale.
Business sellers are notorious for second-guessing themselves about the right time to put their companies up for sale.
Yet what many sellers don't appreciate is that a down economy can present the perfect opportunity to sell a women's health information and referral services business.
Business Assets
It's incumbent on buyers to commission their own appraisal of your women's health information and referral services business's real assets. But you'll need to commission your own appraisal before you put your women's health information and referral services business on the market to arm yourself with information for the negotiation phase. A pre-sale appraisal is a prerequisite for because it offers insights about your assets' market value before you initiate conversations with prospective buyers. During your appraisal process, you should also note the condition of your assets. Cost-effective repairs can then be made before your list your women's health information and referral services business.
Emotional Considerations
It's impossible to predict the emotional highs and lows you will experience during the sale of your women's health information and referral services 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 women's health information and referral services business sale by setting realistic expectations before you list your business.
Working with Accountants
Professional accountants lend credibility to the financial preparation of a women's health information and referral services business sale. Most women's health information and referral services business have significant tax consequences requiring the input of a qualified accountant. You may also want your accountant to assist in the preparation of professional financials to present to serious buyers. With seller financing becoming common, professional accountants are playing a more central role in negotiations and buyer qualification.
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