Exit Planning Advice By Market
Selling an Aircraft Engines Service and Repair Business
Business-for-sale markets are susceptible to a variety of influences. As you know, the aircraft engines service and repair 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 an aircraft engines service and repair business during challenging economic times.
Selling a aircraft engines service and repair business? You'll need to be prepared to address a variety of challenges that are common in the business-for-sale marketplace.
If you're looking for a reason to wait to put your business on the market, you'll find it. Selling a aircraft engines service and repair business isn't easy, but we believe sellers can achieve their goals in any economic environment.
Working with Accountants
Accountants lay the financial groundwork for a business sale. From a seller perspective, an accountant can offer personal financial assistance, especially when it comes to handling the disposition of sale proceeds. Brokers often advise their clients to have an accountant perform an audit of the business prior to sale. In certain instances, it may be appropriate to ask your accountant to vet the financials of prospective buyers, run credit checks or even structure the terms of a seller-financed deal.
Equipment and Inventory Concerns
Buyers typically perform an independent appraisal of your aircraft engines service and repair business's inventory, equipment, and physical assets. Most sellers, however, conduct a pre-sale appraisal to gain an accurate gauge of asset value prior to negotiations. A professional appraisal is a necessity because it gives you the information you need to negotiate a sale price. A pre-listing appraisal also gives you the opportunity to document the condition of your aircraft engines service and repair business's assets and possible even make repairs or upgrades to increase the total value of the operation.
Preparing Your Aircraft Engines Service & Repair Business for Sale
The outcome of a business sale is largely determined prior to a market listing. Profitable aircraft engines service and repair business listings are the culmination of a preparation process that began months or even years ahead of time. Branding, market positioning, and revenue growth take time, but they directly influence the price your aircraft engines service and repair business will command in the marketplace. But your efforts to improve your company's position and profitability will only be effective if you invest similar effort into the preparation of accurate financial statements for buyers.
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