November 15, 2019  
 
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Selling a Company

 

Selling a Lawn and Garden Equipment Service and Repair Business

Looking for shortcuts? You won't find them when you sell a lawn and garden equipment service and repair business. In this industry, a business sale takes time, effort and dedication. Good advice can be hard to come by, so we've put together a few proven suggestions to help you see your sale through to a profitable conclusion.

It takes dedication to sell a lawn and garden equipment service and repair business under the best of circumstances. In the current market, you'll need to redouble your efforts and get serious about convincing prospects that your company is a good investment.
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Too often lawn and garden equipment service and repair business sellers cave under the pressure and settle for a lower sales price than they should. With the right strategy, your sale doesn't have to end that way.

How to Skillfully Address Buyer Concerns

Buyers can present challenges, especially during the due diligence stage. The questions lawn and garden equipment service and repair business ask during due diligence are designed to alleviate their concerns about the business and should be promptly addressed by the seller. When concerns arise, it's helpful to base your responses on facts and data. If you don't know the answer to a question, there's no shame in admitting ignorance and telling the buyer you'll look into it. If due diligence drags on too long, your broker may need to intervene.

Promoting a lawn and garden equipment service and repair business Sale

Successful lawn and garden equipment service and repair business sales begin with a carefully planned advertising and promotional strategies. But confidentiality issues are a hurdle you'll need to address before you put your lawn and garden equipment service and repair business on the market. If sale information leaks out, competitors can use it to steal customers and circulate negative messages about your business throughout the industry. Business brokers are skilled at publicizing lawn and garden equipment service and repair business sales while maintaining the confidentiality that is critical to your business.

Post-Sale Details

Due diligence has ended and you're ready to close on the sale of your lawn and garden equipment service and repair business. All that stands between you and the sale proceeds is a few signatures, right? Not so fast. The transition to the new owner, the distribution of sale proceeds and other issues can weigh heavily on sellers. 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

Given your interest in exit planning and in lawn and garden equipment service and repair businesses, you might find these additional resources to be of interest.

Marketing a Lawn and Garden Equipment Service and Repair Business

Selling to Competitors


Conversation Board

Sometimes the best tips on selling a business come from other business owners. If you have any tips or advice on how to sell a lawn and garden equipment service and repair business, we invite you to submit your comments and suggestions.


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If starting a lawn and garden equipment service and repair business is on your agenda, these helpul resources may be just what you've been looking for:

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