Profitable Niche Market Exit Plans
Selling an Ornamental Shrub and Tree Transplanting Services Business
With the economy struggling to rebound, the shadow inventory of ornamental shrub and tree transplanting services businesses in the business-for-sale marketplace seems to be rising. That could make this the perfect time to list a successful ornamental shrub and tree transplanting services business
You survived all the ups and downs of owning a business. Next, you'll need to prepare yourself to address the rigors of selling an ornamental shrub and tree transplanting services business.
There is no simple way to sell a business. But the most prepared ornamental shrub and tree transplanting services business sellers are achieving fair market value and more for their companies through persistence and the application of sound selling techniques.
Buyer Concessions
Sellers aren't the only ones who can make concessions in a business sale. In many instances, sellers can request buyer concessions. Although this scenario frequently plays out around seller financed deals, it's possible to push for a higher sales price or other form of compensation if you agree to mentor the buyer for a specified period of time. Asset exclusions, retained ownership shares and long-term contracts with another of the seller's companies can also be leveraged to extract concessions from buyers.
What to Expect in an Ornamental Shrub & Tree Transplanting Services Business Sale
It's impossible to predict the emotional highs and lows you will experience during the sale of your ornamental shrub and tree transplanting services 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 ornamental shrub and tree transplanting services business is worth. Although it isn't easy, you can mitigate the emotional impact of an ornamental shrub and tree transplanting services business sale by setting realistic expectations before you list your business.
Legal Considerations
It's obvious that you're going to need to hire an attorney to finalize the sale of your ornamental shrub and tree transplanting services business. A good lawyer serves a variety of functions during the process. In addition to reviewing the letter of intent, sales contract, and other documents, your attorney should be capable of advising you about due diligence and the tax consequences of the sale. We recommend hiring an attorney early in the process to gain insights about the legal consequences of various sale outcomes.
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