Exit Planning Advice By Market
Selling an Auto and Motorcycle Accident Attorneys Business
Many business leaders say that now isn't the time to try to sell an auto and motorcycle accident attorneys business. At Gaebler, we think it's a great time to sell an auto and motorcycle accident attorneys business. Here's why . . ..
Dire economic forecasts have forced many auto and motorcycle accident attorneys business sellers into hibernation. Instead of listing their companies now, they're hanging back until they see signs of an economic recovery.
You'll always have an excuse for not putting your business on the market. Any auto and motorcycle accident attorneys business can be sold at any time -- you just need to know how to influence the right buyers.
Negotiation 101
There's no room for error when you negotiate the sale ofan auto and motorcycle accident attorneys business. More often than not, the person with the most knowledge will come out on top in an auto and motorcycle accident attorneys business negotiation. But before you can negotiate effectively, you need to have a clear sense of your minimum sale requirements. If you lack clarity about your goals, you're guaranteed to fall short of achieving of them. If you aren't sure what you need, put negotiations on hold until you gain a clearer understanding of your own deal parameters.
Factoring In Economic Variables
When you sell an auto and motorcycle accident attorneys business, there are a number of variables you need to consider. Many would-be sellers are laser-focused on economic indicators, anxiously awaiting the perfect time to list their companies. The truth is that perfect market conditions may never materialize. If you don't believe your auto and motorcycle accident attorneys business would sell for top dollar right now, what can you do to make it more attractive to the marketplace? Increase profitability? Build brand visibility?. When it comes to selling an auto and motorcycle accident attorneys business, successful sales sales often boil down to the business itself - not the economy.
Broker vs. No Broker
When selling an auto and motorcycle accident attorneys business, you have two choices: Hire a broker to facilitate the sale or perform the sale unassisted. Is there a cost associated with hiring a broker? Sure - about 10% of the final sale prices. But a good broker will make selling your auto and motorcycle accident attorneys business much less painful. If you're on the fence, do your research before you make a final decision. BizBuySell.com and other websites offer detailed information about brokers and the process of performing a brokered auto and motorcycle accident attorneys business sale.
Share this article
Additional Resources for Entrepreneurs