Sell a Business for the Best Price

Selling a Phone Equipment and Systems Wiring and Installation Business

Selling a phone equipment and systems wiring and installation business doesn't happen overnight. It takes a deliberate process to get top dollar for your company.

The economy isn't the only thing that is uncertain these days. So are phone equipment and systems wiring and installation business buyers, many of whom are waiting to pull the trigger on their next acquisition.

Growth-minded entrepreneurs also find an appealing phone equipment and systems wiring and installation business hard to pass up. To sell your phone equipment and systems wiring and installation business, you'll need to go the extra mile to prove your company has the potential to deliver steady revenue and a solid ROI.

Finding Phone Equipment & Systems Wiring & Installation Business Buyers

Qualified phone equipment and systems wiring and installation business buyers come from a range of sources and backgrounds. Avoid pigeon-holing your search to a single buyer category. 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.

Selecting a Broker

First-rate business brokers deliver prospects and profits to their clients. In the phone equipment and systems wiring and installation business industry, experience is a must-have characteristic for qualified brokerage. The best brokers should also come with a list of references, a demonstrable track record and a proven plan for selling phone equipment and systems wiring and installation businesses.

Selling Time

Hoping for a quick phone equipment and systems wiring and installation business sale? You may be disappointed. Although asking price and other factors contribute to sale time, it's difficult to predict how long your business will be on the market before you locate the right buyer. Before you can list your phone equipment and systems wiring and installation business, you'll need to invest as much as a year in preparing it for prospective buyers. In a good market, an attractive phone equipment and systems wiring and installation business can sell in as little as a few months, although it can take more than a year to find the right buyer after the business is listed.

Share this article


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary