Business Exit Planning
Selling a Medical and Dental Assistant training business
You've learned a lot during your tenure as a medical and dental assistant school owner. Now the trick is to convince cautious buyers that your operation is worth the asking price.
The economy isn't the only thing that is uncertain these days. So are medical and dental assistant school buyers, many of whom are waiting to pull the trigger on their next acquisition.
At Gaebler, we're seeing medical and dental assistant school sellers succeed by applying sound sales principles combined with a refusal to be intimidated by a down economy.
Tips for Working with A Business Broker
Brokerage is a mainstay of the business-for-sale marketplace. Brokerage is particularly common in the medical and dental assistant school-for-sale market, where aggressive selling strategies are the norm. Brokerage doesn't replace the seller's requirement to be involved in the sale; it augments the seller's efforts and creates a more seamless sale process. Establish clear lines of communication with your broker and respond quickly to requests from prospective buyers. You should also assist your broker in listing your medical and dental assistant school on BizBuySell.com and other online business-for-sale sites.
Equipment and Inventory Concerns
During due diligence, the buyer will undoubtedly conduct his own appraisal of your medical and dental assistant school's physical assets. Your appraisal should occur before you put your business on the market. A professional appraisal is a necessity because it gives you the information you need to negotiate a sale price. During your appraisal process, you should also note the condition of your assets. Cost-effective repairs can then be made before your list your medical and dental assistant school.
Timing Your medical and dental assistant school Sale
If you're feeling like your tenure as the owner of the medical and dental assistant school is coming to an end, the time to sell is now. Some experts are telling medical and dental assistant school owners to wait for a better economy to put their business on the market. But despite the negativity that exists in some sectors, if you have a desire to sell your medical and dental assistant school now, there is a high probability that you can sell it in the current market. The inventory of what we consider to be quality medical and dental assistant schools is actually low right now and there is room for the right sellers to realize substantial gains with investment-conscious buyers.
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