November 13, 2019  
 
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Selling a Landscape Architects Commercial and Industrial Business

There are few things as intimidating as selling a business in a sluggish economy. But selling your landscape architects commercial and industrial business doesn't have to be as daunting as it sounds.

The process of selling a landscape architects commercial and industrial business can be one of the most stressful experiences of your entrepreneurial career.
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Undaunted by economic conditions, many landscape architects commercial and industrial business sellers are achieving their sale goals through deliberate sale strategies.

Current Market Conditions

No one plans to sell a landscape architects commercial and industrial business in a down economy. So far, government intervention and promises that the economy is slowly recovering haven't been enough to alleviate many entrepreneur's fears. However, many business sellers don't realize that a full economic rebound can have devastating consequences, particularly if sellers who have waited to list their businesses suddenly create a glut in the business-for-sale marketplace. So what's our point? The economy isn't the most important factor in the sale of your business. Instead, you should be focusing on making your landscape architects commercial and industrial business as attractive as possible so to buyers right now.

Valuation Methods

Professional appraisers can use three methods to determine the value ofa landscape architects commercial and industrial business: The income method, the asset method and the market method. While the income method uses anticipated revenues as a value basis, the asset method focuses on the company's capital, real estate and intellectual assets. In many sales, the most accurate valuation comes from the market method which determines value based on the recent sales of similar businesses. A good appraiser will often use multiple valuation methods to arrive at a reasonable estimate. But regardless of the method that is used, it's always in the seller's best interest to increase revenue and asset values prior to a sale.

Post-Sale Details

Due diligence has ended and you're ready to close on the sale of your landscape architects commercial and industrial business. All that stands between you and the sale proceeds is a few signatures, right? Not so fast. Handing over the keys and saying goodbye to your employees is easier said than done, and requires thoughtful consideration prior to closing. If there are pending details that still need to ironed out, address them ASAP to ensure a smooth closing and transition.

More Exit Planning Articles

We think you may find these additional resources to be of interest.

Marketing a Landscape Architects Commercial and Industrial Business

Selling to Competitors

Role of Location In Selling a Business

Why Hire an Exit Planning Consultant


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