November 19, 2019  
 
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Selling a Business

 

Selling a Lightning Protection Equipment and Systems Business

Market perceptions play a role in your ability to sell a lightning protection equipment and systems business. Yet great values are always received well in the business-for-sale marketplace. To increase your company's sale price, you'll need to perform adequate preparations, positioning it to the catch the eye of profit-minded buyers.

An assortment of hurdles and obstacles stand between you and the successful sale of your lightning protection equipment and systems business.
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But sooner or later, all good things must come to an end. When that happens, your future plans will be dependent on your ability to receive the highest possible sale price for your lightning protection equipment and systems business.

Timing Your lightning protection equipment and systems business Sale

If you're feeling like your tenure as the owner of the lightning protection equipment and systems business is coming to an end, the time to sell is now. Some experts are telling lightning protection equipment and systems business sellers to put their plans on hold until the economy fully rebounds. We aren't nearly as pessimistic about the lightning protection equipment and systems business marketplace. The inventory of what we consider to be quality lightning protection equipment and systems businesses is actually low right now and there is room for the right sellers to realize substantial gains with investment-conscious buyers.

Broker vs. No Broker

The decision of whether or not to hire a business broker should never be taken lightly. Is there a cost associated with hiring a broker? Sure - about 10% of the final sale prices. But a good broker will make selling your lightning protection equipment and systems business much less painful. You can also expect to receive a higher sales price for your business in a broker-assisted deal.

Business Assets

Buyers typically perform an independent appraisal of your lightning protection equipment and systems business's real assets. Your appraisal should occur before you put your business on the market. A pre-sale appraisal is a prerequisite for because it offers insights about your assets' market value before you initiate conversations with prospective buyers. A pre-listing appraisal also gives you the opportunity to document the condition of your lightning protection equipment and systems business's assets and possible even make repairs or upgrades to increase the total value of the operation.

More Exit Planning Articles

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

How Much Is My Business Worth?

Marketing a Lightning Protection Equipment and Systems Business

Five Tips for Maximizing Your Business Sale Price


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