Exit Planning Tips
Selling a Holistic Health Organizations Business
Many business leaders say that now isn't the time to try to sell a holistic health organizations business. At Gaebler, we think it's a great time to sell a holistic health organizations business. Here's why . . ..
In a down economy, many holistic health organizations business sellers wait to list their businesses until they see signs that the economy has rebounded, making it difficult to accurately evaluate the number of holistic health organizations businesses that are actually for sale.
Most holistic health organizations businesses are good business opportunities, a fact that is not going unnoticed by today's discerning buyers.
Selling to a Family Member
The idea of passing a business along to a family member sounds idyllic to many business owners. in reality, a family-based holistic health organizations business sale can be more complicated than selling to a stranger. If it isn't handled properly, a family sale can quickly create irreparable divisions within your family. Whether you offer the family member special concessions or not, either the buyer or other family members may take offense. The best advice: if a family sale is a possibility, it needs to be handled objectively, with ample input from third-party advisors.
Pre-Sale Checklist
There is a lot of work that needs to be done before you're ready to sell your holistic health organizations business. Perhaps the most important pre-sale consideration is to right-size your expectations to the realities of the market. Armed with a realistic timeframe and asking price, you can begin to consult with your broker about the best way to approach likely buyers.
Working with Appraisers
An experienced appraiser is part and parcel of a successful holistic health organizations business sale. Leading industry appraisers equip sellers with a value gauge that can be accessed during negotiations. If you're disappointed with the appraiser's estimate of your company's worth, you have the option of seeking a second opinion. However, it's more often the case that you will need to adjust your expectations of your business's value to buyers.
Share this article
Additional Resources for Entrepreneurs