November 12, 2019  
 
Gaebler.com is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Resources for Entrepreneurs

 

Selling a Company

 

Selling a Legal Copying Service

For the right sellers, the business-for-sale marketplace is a friendly environment for legal copying service opportunities. There aren't any guarantees, but if you adhere to fundamental business sale concepts, you can likely get a good price for your business.

An assortment of hurdles and obstacles stand between you and the successful sale of your legal copying service.
(article continues below)

Eventually, it will the time will come to exit your business. When that happens, your future plans will be dependent on your ability to receive the highest possible sale price for your legal copying service.

Selling a Legal Copying Service to an Employee

There are both benefits and drawbacks to selling a legal copying service to an employee. A faithful employee may have the motivation and ability to continue to operate the business. If you need to sell quickly, the timeframe is condensed in an employee sale because you don't need to track down a buyer. But in many cases, employees expect to get a deal from their employer based on their years of service to the company. A seller-financed deal may be necessary unless the employee has significant assets or investor backing.

Sale Preparations for Your Legal Copying Service

The outcome of a business sale is largely determined prior to a market listing. Profitable legal copying service listings are the culmination of a preparation process that began months or even years ahead of time. Even though it may take years to adequately position your legal copying service, the amount of preparation you perform will have direct correlation on asking and sale prices. Additionally, you'll need time to compile financials and other information that buyers will expect to receive.

Professional Appraisals

An experienced appraiser is part and parcel of a successful legal copying service sale. Leading industry appraisers equip sellers with a value gauge that can be accessed during negotiations. Even though you may disagree with the appraiser's value estimates, it's important to give your appraiser the information and independence he needs to present an objective opinion. To ensure accuracy, ask your broker to provide references for appraisers with industry experience.

More Exit Planning Articles

Given your interest in exit planning and in legal copying services, you might find these additional resources to be of interest.

Marketing a Legal Copying Service

Entrepreneurial Exit Strategies

Family Business Exit Plans

Why Hire an Exit Planning Consultant


Conversation Board

Did we forget to mention something about how to sell a legal copying service? If so, tell us what's on your mind and let's keep the conversation going.


Questions, Comments, Tips, and Advice  Code Image - Please contact webmaster if you have problems seeing this image code
Problem Viewing Image
Load New Code

Hoping to Open a Legal Copying Service?

If starting a legal copying service is on your agenda, these helpul resources may be just what you've been looking for:

Opening a Legal Copying Service

Do You Market Products or Services to Legal Copying Services?

If you consider legal copying services to be sales prospects, this isn't the best resource for you on our site. These helpful guides are more appropriate for you:

Selling to Legal Copying Services

Mailing Lists for Legal Copying Services

More Information on How to Sell a Niche Company

If you are looking for exit plan advice for a different kind of business, please browse our list of exit planning guides below.

Browse more niche exit planning guides:

 

 

 

 

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary