Selling a Business Advice
Selling an Italian Foods Wholesale and Manufacturers Business
You've learned a lot during your tenure as an italian foods wholesale and manufacturers business owner. Before you walk away, you have one more challenge to overcome: A successful and profitable business sale.
Personal and professional concerns surround the sale of an italian foods wholesale and manufacturers business. In our experience, a common owner concern is how the sale will affect customers and employees.
To sell an italian foods wholesale and manufacturers business now, business sellers may need to apply a combination of incentives and techniques.
Broker vs. No Broker
Anyone who has ever sold an italian foods wholesale and manufacturers business has eventually needed to decide whether to use a business broker or go it alone. Although brokerage fees can be substantial, the right broker can reduce the amount of time your italian foods wholesale and manufacturers business sits on the market. You can also expect to receive a higher sales price for your business in a broker-assisted deal.
What to Expect in an Italian Foods Wholesale & Manufacturers Business Sale
It's impossible to predict the emotional highs and lows you will experience during the sale of your italian foods wholesale and manufacturers business. The emotions of a sale are complicated by the fact that it may take time to locate the right buyer and the final sale price may be less than you think your italian foods wholesale and manufacturers business is worth. Although it isn't easy, you can mitigate the emotional impact of an italian foods wholesale and manufacturers business sale by setting realistic expectations before you list your business.
Leveraging Seller Concessions
Seller concessions are becoming more commonplace in business-for-sale transactions. By far, seller financing is the most sought-after concession, especially in the current economic environment. With entrepreneurs struggling to secure capital, you may be the buyer's only source of financing. If you are unwilling or unable to offer financing, be prepared to offer other types of concessions to close the deal.
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