Niche Exit Planning Tactics
Selling a Wrestling School
In any market, there are sellers and then there are serious sellers. We'll give you the tools you need to be taken seriously when you decide to sell your wrestling instruction business.
Waiting for better economic times to sell your company? That's a common anthem in the small business community.
Many business owners don't know that wrestling training centers are still a hot commodity, to the extent that sellers have properly prepared them for the marketplace.
The Best Person to Sell Your Wrestling School
An unassisted business sale is a double-edged sword. Few people know your business as well as you do. However, your close connection to your company can also be a drawback. Business owners are subjective and biased about their company's true worth. At a minimum, conduct an independent appraisal of the wrestling instruction business to gain an objective sense of fair market value.
Finding Prospects
Many sellers don't realize how many prospective buyers there are for their businesses. Although some wrestling instruction business sellers advertise their businesses in general classifieds, the most successful sales are those in which professional brokers seek out likely buyers. If you aren't generating interest in the general marketplace, consider approaching companies that sell complementary products or are closely situated in your supply chain.
Why Confidentiality Matters
Highly publicized wrestling instruction business sales are risky wrestling instruction businesssales. A low-key selling strategy is a low risk activity because you can control who does (and doesn't) know that your business is on the market. When and if your sale becomes public knowledge, competitors can use that information to weaken your position in the marketplace. Although it can be difficult, it's important to strike a balance between confidentiality and sale promotion. We recommend consulting a business broker to learn how you can simultaneously identify prospective buyers and maintain a confidential sale environment.
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