Business Exits By Industry
Selling a Camps Information and Referral Services
Most businesses are susceptible to economic conditions and camps information and referral services are no exception. But in some cases, a down economy can actually improve saleability. To increase your company's sale price, you'll need to perform adequate preparations, positioning it to the catch the eye of profit-minded buyers.
You won't find any magic formulas for selling a camps information and referral service, especially while the market is struggling to overcome the perceptions created by a down economy.
Yet what many sellers don't appreciate is that a down economy can present the perfect opportunity to sell a camps information and referral service.
Advertising Your Sale
Profitable camps information and referral service sales incorporate comprehensive advertising plans. However, confidentiality and other concerns can present challenges, even for sales professionals. The knowledge that your business is being sold almost always converts into negative PR with your customers and vendors. Business brokers are skilled at publicizing camps information and referral service sales while maintaining the confidentiality that is critical to 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. Traditional lenders and investors are gun shy - and that makes sellers a logical funding source for many buyers. As an alternative, clearly state that seller financing is not an option and consider offering other concessions to see the sale through to its completion.
Sale Costs
In a camps information and referral service sale, pricing is based on a number of factors, including the costs incurred during the sale. Although they can significantly increase the final sale price, brokers typically receive a 10% commission. Professional consultations can also represent a significant expense during the course of a camps information and referral service sale. Furthermore, your time has value, so you may need to include a personal compensation consideration in your expense estimates.
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