Profitable Niche Market Exit Plans
Selling an Orchid Growers Business
Business sellers have diverse personal and professional goals for the sale of their companies. But no matter what you expect from the sale of your orchid growers business, it's in your best interest to maximize the sales price through the application of proven sales techniques.
Dire economic forecasts have forced many orchid growers business sellers into hibernation. Instead of listing their companies now, they're hanging back until they see signs of an economic recovery.
Despite the conventional wisdom, we believe current economic conditions are right for selling an orchid growers business. With the right information and strategy, you could be well on your way to a successful sale
Broker vs. No Broker
When selling an orchid growers 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 orchid growers business much less painful. You can also expect to receive a higher sales price for your business in a broker-assisted deal.
Advertising Your Sale
Profitable orchid growers business sales incorporate comprehensive advertising plans. However, confidentiality and other concerns can present challenges, even for sales professionals. A highly publicized sale creates vulnerabilities that can be exploited by your competitors. There are multiple ways to promote an orchid growers business sale, many of which require the assistance of a professional business broker.
Buyer Identification
Qualified orchid growers business buyers come from a range of sources and backgrounds. Avoid pigeon-holing your search to a single buyer category. Many sellers achieve success by listing their orchid growers businesses in multiple channels. Sellers should also recognize the value of promoting their sale in trusted business networks, carefully balancing the need for confidentiality with the promotional potential of their contact base.
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