Exit Planning Techniques By Market
Selling a Fortune Tellers Business
Planning and execution can dramatically influence the price you receive for your fortune tellers business.
It's a fact: Successful business sales take time.
Is starting a psychic reading business in your future? You should already know that, shouldn't you?
If you're ready to move on, now is the right time to sell your fortune tellers business.
When to End Negotiations
Negotiations have a way of dragging on forever. But sooner or later, someone needs to bring negotiations to a close. Unfortunately, that responsibility often falls on the seller. It's not unusual for a fortune tellers business sale negotiation to reach an impasse over price or other concessions. Since it can be difficult to tell whether the buyer is serious or playing games, it's important to know the lower boundaries of your negotiation strategy and be willing to walk away from the negotiation table, if necessary.
Adjusting Expectations
Every business seller dreams of a fast sale and a fat payday. However, no one told the marketplace about your expectations. The outcome of your sale will be determined by market forces - not by your personal circumstances or desires. Despite your best efforts, you need to prepare yourself for the possibility of receiving less than you expected from the sale of your fortune tellers business. If buyers don't seem to be willing to meet your expectations, consult with your broker to modify your strategy and market approach.
Laying the Groundwork
Effective fortune tellers business preparation focuses on communicating value to prospective buyers. Professional business brokers understand buyers and know how to properly communicate a fortune tellers business to the marketplace. Specifically, brokers can advise you about the preparation of financial statements and other documents buyers expect to see in a premium fortune tellers business opportunity.
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