November 15, 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 Log and Timber Buyers Business

Business-for-sale markets are susceptible to a variety of influences. As you know, the log and timber buyers business market has been exceptionally volatile. Many sellers have exited their companies under less-than-ideal circumstances. Yet it's still possible to achieve personal and professional goals when selling a log and timber buyers business during challenging economic times.

Business sellers are notorious for second-guessing themselves about the right time to put their companies up for sale.
(article continues below)

Qualified buyers are constantly looking for attractive log and timber buyers businesses. Like always, unprofitable and poorly positioned businesses struggle to find buyers while sellers who have invested time and effort to prepare their sale are being rewarded in the marketplace.

Working with a Professional Accountant

Accountants lay the financial groundwork for a business sale. Before your log and timber buyers business goes on the market, you should sit down with your accountant to clarify your financial goals and the tax consequences of a sale. Brokers often advise their clients to have an accountant perform an audit of the business prior to sale. In many instances, your accountant will be invaluable in evaluating prospective buyers' financial position and buying capacity.

Preparing Your Log & Timber Buyers Business for Sale

First-time business sellers sometimes don't realize that the success or failure of their sale is determined before it hits the market. Successful log and timber buyers business sales begin with a comprehensive strategy that incorporates planning, preparation and market positioning. Branding, market positioning, and revenue growth take time, but they directly influence the price your log and timber buyers business will command in the marketplace. Additionally, you'll need time to compile financials and other information that buyers will expect to receive.

Finding Log & Timber Buyers Business Buyers

It's difficult to predict where the buyer of your log and timber buyers business will come from. To cover all your bases, you'll need to conduct a broad buyer search process. Although it's helpful to target promotional tactics to likely buyers, allow for some exposure to the broader market. networking may also prove to be a valuable resource for identifying prospective buyers, but only to the extent that it can be done discreetly.

More Info on Business Transitions and Related Articles

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

Selling Part of a Business

Marketing a Log and Timber Buyers Business

How to Sell a Business


Conversation Board

Is there something we missed regarding how to sell a log and timber buyers business? We're always interested in hear your feedback, tips, and questions!


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

Need Information on Starting a Log & Timber Buyers Business?

If starting a log and timber buyers business is on your agenda, these helpul resources may be just what you've been looking for:

Opening a Log & Timber Buyers Business

Do You Market Products or Services to Log & Timber Buyers Businesses?

If you consider log and timber buyers businesses to be sales prospects, there's more applicable information for you elsewhere on our site. These helpful guides are more appropriate for you:

Selling to Log and Timber Buyers Businesses

Mailing Lists for Log and Timber Buyers Businesses

More Business Transfer Information

If you are eager to get business succession tips for a different industry, please browse our directory 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