Sell a Company Niche Market Guides
Selling a Lockers and Plants Frozen Food Business
Selling a lockers and plants frozen food business doesn't happen overnight. It takes a deliberate process to get top dollar for your company.
You won't find any magic formulas for selling a lockers and plants frozen food business, especially while the market is struggling to overcome the perceptions created by a down economy.
There is no simple way to sell a business. But the most prepared lockers and plants frozen food business sellers are achieving fair market value and more for their companies through persistence and the application of sound selling techniques.
Timing the Market
Now may be the best time to sell a lockers and plants frozen food business. Although the economy is generally struggling, low interest rates make lockers and plants frozen food businesses more attractive to entrepreneurs who want to get in the game. When the economy recovers there will be more lockers and plants frozen food business buyers on the market, but higher interest rates could present challenges. So we see market timing as a concern that can be easily mitigated by applying fundamental sales strategies and adequately preparing your company for buyers.
Seller Financing
Business buyers are in a capital crunch. Banks and other lending institutions aren't eager to lend to unproven and undercapitalized lockers and plants frozen food business buyers regardless of the business's potential. Rather than abandon their plans entirely, many buyers are pursuing finance concessions from sellers. Although 100% seller financing isn't recommended, sellers are financing up to 70% of the sale price to close deals.
Working with Appraisers
An experienced appraiser is part and parcel of a successful lockers and plants frozen food business sale. By hiring an appraiser to conduct a thorough appraisal of tangible and non-tangible assets prior to listing, you get a measure of the true worth of your business. Although the appraised value of your business may not be the same as the sales price, you gain valuable insight that can be used to your advantage 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.
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