Business Exits By Industry
Selling a Concert Ticket Agents Business
Economic uncertainty influences the timing of many concert ticket agents business sales. But based on what we're seeing in the business-for-sale marketplace, we don't think economic conditions should deter you from putting your concert ticket agents business on the market.
Business sellers are notorious for second-guessing themselves about the right time to put their companies up for sale.
There is no simple way to sell a business. But the most prepared concert ticket agents business sellers are achieving fair market value and more for their companies through persistence and the application of sound selling techniques.
Identifying Serious Buyers
Many prospective buyers will have a strong desire to acquire your concert ticket agents business. The bad news is that they will lack the financial capacity to close the deal. As a seller, it's important to separate the tire kickers from the serious buyers as soon as possible. Each tire kicker is an investment of time and energy that could be poured into finding a more qualified prospect. Your business broker can offer insights about how to quickly spot tire kickers. Never provide detailed information about your concert ticket agents business until the prospect has been qualified as a serious buyer.
Should I Hire a Business Broker?
When selling a concert ticket agents 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 concert ticket agents business much less painful. You can also expect to receive a higher sales price for your business in a broker-assisted deal.
What to Expect in a Concert Ticket Agents Business Sale
Prepare yourself to feel a broad range of emotions when you sell a concert ticket agents business. From hopefulness to remorse, it's all part of exiting of your company. 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 concert ticket agents business is worth. Accurate expectations, a solid strategy and a strong support system can be valuable resources for coping with the personal impact of the sale.
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